Burberry CFO notes Asian growth and rising competition
Burberry CFO Kate Ferry says Asia offers strong long-term prospects for the luxury retailer. She noted that the region faces increasingly intense competition.
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The chief financial officer of BURBERRY GROUP PLC has underscored the significant long-term potential of the Asian market while acknowledging the challenges posed by an increasingly crowded luxury sector. Speaking at the HSBC Global Investment Summit in Hong Kong on Wednesday, Kate Ferry provided an outlook on the region's strategic importance for the British fashion house.
