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BURBERRY TO ENTER ARMENIA'S MARKET?
news.am
May 27 2011
Armenia
World famous luxury retailer Burberry will probably appear in the
Armenian market.
In a statement issued on Thursday the company's representative said
Burberry continued to enter new markets, such as Armenia, Egypt,
Israel and Mongolia via franchise agreements.
It is also mentioned that 16% of retail and wholesale revenues falls
on emerging markets such as China, India, Latin America, the Middle
East, Russia and Turkey, AFP reports.
The company reported that annual pre-tax profits jumped 39% this year.
The UK's luxury fashion house has 174 retail stores, 199 concessions
in department stores and 44 outlet branches around the world.
news.am
May 27 2011
Armenia
World famous luxury retailer Burberry will probably appear in the
Armenian market.
In a statement issued on Thursday the company's representative said
Burberry continued to enter new markets, such as Armenia, Egypt,
Israel and Mongolia via franchise agreements.
It is also mentioned that 16% of retail and wholesale revenues falls
on emerging markets such as China, India, Latin America, the Middle
East, Russia and Turkey, AFP reports.
The company reported that annual pre-tax profits jumped 39% this year.
The UK's luxury fashion house has 174 retail stores, 199 concessions
in department stores and 44 outlet branches around the world.