MAJOR UK FASHION BRAND BURBERRY AND RETAILER ASOS REPORTS THEIR QUARTERLY SALES

Highlights –

• Major UK fashion brand Burberry and retailer ASOS reports their quarterly sales.
• Burberry reported their first-quarter sales diving to 45%.
• ASOS reported UK sales fell 1%, while international sales were up 17%.

Why it won’t be possible for legacy retail to survive this Decade

It is that time of the year when almost every retail would declare the trading figures of Christmas. Since we are all aware that reporting periods are misrepresented and the retailers never really disclose the returns, as well as, margin.

Even though we might be having to reach for a re...