The Guardian Australia – Business ·business ·2 hours ago

Burberry’s £2,000 Cotswolds handbag hits ‘a sweet spot’ with Americans

Burberry returned to full-year profit on Thursday, boosted by strong North American sales of its new £2,000 Cotswolds handbag. Chief Executive Joshua Schulman said the tote bags hit "a sweet spot on price and value," capitalizing on wealthy Americans' growing fascination with the English region.

Summary by Glance · The Guardian Australia – Business

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