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Burberry bullish on Asian prospects as China, South Korea recover

Fashion label Burberry is optimistic about a post-Covid-19 recovery as sales began to return to normal in Asia during the June quarter. While same-store sales were down by 45 per cent across the three months, June’s decline was 20 per cent and the brand reported growth in both Mainland China and South Korea which was ahead of pre Covid-19 levels, “albeit with some benefit from the repatriation of sales given travel restrictions,” the company said in a statement.  Across Asia Pacific,