Fashion Business Daily

Burberry Beats Sales Forecasts as Its Luxury Turnaround Gains Ground

Thursday, November 12, 2026 · 7 min

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Burberry beat quarterly sales expectations and more than tripled first-half adjusted operating profit, as US and Chinese demand offset European weakness. The results strengthen the case for its turnaround even as the wider luxury market remains difficult.

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Burberry beat quarterly sales expectations and more than tripled first-half adjusted operating profit, as US and Chinese demand offset European weakness. The results strengthen the case for its turnaround even as the wider luxury market remains difficult.

In this episode

  1. Burberry recovery continues, defies tough market despite EMEIA weakness - FashionNetwork USA — FashionNetwork
    “In the 26 weeks to late September revenue increased 6% on both a reported and constant exchange rate (CER) basis to £1.098 billion. As mentioned comparable retail sales grew 4% having been flat this time last year. Adjusted operating profit rose 225% to £62 million and the…”
  2. Shinsegae International Returns to Profit in Q3 on Luxury Fashion, Beauty - Seoul Economic Daily — Seoul Economic Daily
    “The company said on the 10th that consolidated operating profit came to 5.1 billion won ($3.5 million) in the third quarter, swinging from a loss a year earlier. That marks a 9.4 billion won improvement from the same period last year. Revenue rose 16.6% to 299.5 billion won…”
  3. “Strong Third Quarter, but Fourth Quarter Is Uncertain” for Three Department Store Chains… Warning Signs of a “Peak” as Luxury Goods and Stock Market Slump (Comprehensive) - EDAILY — Edaily
    “Although the department store industry posted significant profit growth in the third quarter, concerns about reaching a peak are mounting. The growth rate of luxury goods sales—which drove earnings—has slowed compared to the first half of the year, and signs of a slowdown are…”
  4. Italy Funds SME Fashion Suppliers to Boost Local Sustainable Production → Fashion — Sustainability Directory
    “Italy’s Ministry of Enterprises and Made in Italy has launched a new €100 million incentive scheme to support small and medium-sized enterprises across the textile, clothing, and leather supply chains. This public funding initiative assists local manufacturers in transitioning…”