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Burberry bags profit rise ahead of Tisci design era

Reuters  |  LONDON 

By Paul SandleLONDON (Reuters) - Burberry beat profit forecasts on Wednesday as a strategy to re-energise its luxury brand showed early promise ahead of the arrival of its new designer Riccardo Tisci.The former Givenchy star was appointed in March, replacing Burberry's creative chief Christopher Bailey, who had turned the trench coat maker into a global brand.Burberry's chief executive Marco Gobbetti is repositioning the quintessentially British fashion house in a higher luxury segment and Tisci's first collection will be shown in September."With Riccardo Tisci now on board and a strong ...

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First Published: Wed, May 16 2018. 14:45 IST