Burberry sales rise as China demand improves

Revenue rose three percent to £665 million ($893 million) in the company's third quarter, covering the three months to late December, from the period a year earlier, Burberry said in a statement. Comparable sales in China, a key market for luxury brands, jumped six percent, with Burberry flagging strong growth in Gen Z customers in the region. Burberry launched a turnaround plan at the end of 2024 aiming to boost sales and cut costs as the global luxury sector has suffered from weak demand in China.