AANALYST VIEWS: IS BURBERRY ON A WINNING PATH?
KATHARINE WYNNE | INVESTEC
“The luxury sector has not done universally well, but Burberry has a lot of sales to tourists from countries like the Japan and the US (boosted by favourable exchange rates which brought more shoppers in). They also do very well with gifting. “
SAM HART | CHARLES STANLEY
“Longer term prospects remain good, given the iconic Burberry brand and plans to leverage the franchise. We believe luxury goods remain a structural growth market.”
KEITH BOWMAN | HARGREAVES LANSDOWN
“The trading update continued to build on the positive momentum seen as of the company’s late May full-year results. Its retail division is progressing well. “