Report
Jean Danjou

Burberry : A rebound in activity to be confirmed

>Rebound in China, a strong performance in Europe and Asia: the group’s activity should appear robust for the last quarter - The trends described by the company for the last quarter of the year to end-March 2023 for its retail sales are in line with those reported by the other sector companies, and overall show a more favourable start to the calendar year 2023 than we had initially expected. Europe is benefitting from high levels of tourism, resulting in growth that c...
Underlying
Burberry Group plc

Burberry Group designs, makes, sources and sells luxury products under the Burberry brand. Co.'s products are for women, men and children and include apparel, accessories, and beauty. Co.'s products are sold globally through its directly operated store network and online at Burberry.com, as well as through franchisees and third-party retailers, both offline and online. In a few selected areas such as Eyewear and Beauty, Co. uses the product and distribution capability of licensing partners. Co. operates in three regions: Asia Pacific; Europe, Middle East, India and Africa; and Americas. As of Mar 31 2017, Co.'s store portfolio had 469 directly-operated stores and 48 franchise stores.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean Danjou

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