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Burberry Leans Into Local as Lockdowns Imperil October Turnaround

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Covid-19 dragged Burberry’s first-half results down, but the British luxury icon managed to post a profit for the six-month period while October sales signaled the green shoots of a turnaround. In a Nutshell: Burberry said it made “good strategic progress” in selling full-price products; expanding its leather goods assortment, which outperform its average retail comp;…

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