Burberry Strong Performance Masks Weaker U.S. Imports — Panjiva
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Burberry Strong Performance Masks Weaker U.S. Imports

China 3006 Cons. Discr. - Apparel 513 Earnings 744 U.S. 5354

Luxury goods-maker Burberry reported first quarter revenues that beat analysts’ expectations, according to Bloomberg. While Asia-ex China did well, the U.S. showed ‘uneven demand’, which is reflected in the 21% fall in U.S. imports shown in Panjiva data for the three months to June 30 vs. a year earlier.

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