Analyst Research Report Snapshot

Title:

BURBERRY - COSTS IN CHECK

Price:

$10.00

Provider:

Edison Investment Research

Date:

18 Nov 2009

Pages:

2

Type:

AcrobatPDF

Companies referenced:

BRBY.L

Available for Immediate Download
Summary:

Interim figures showed a resilient retail performance, with wholesale weaker, in line with earlier guidance. Segmentation into Burberry ‘London’ and ‘Brit’ gives flexibility to target different demographics and the impetus to drive and refresh retail space. Emphasis on non-apparel and new geographies should help withstand continuing headwinds in more developed markets, with margin management rather than sales the key short-term focus. The rating looks full in UK terms, but we feel is supported by the international status of the brand and the group’s opportunities to exploit it. FOR MORE INFORMATION ON THE ATTACHED RESEARCH PLEASE CALL 020 3077 5700, EMAIL RESEARCH@EDISONINVESTMENTRESEARCH.CO.UK OR VISIT WWW.EDISONINVESTMENTRESEARCH.CO.UK

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