Luxury Latest: Burberry Sales Suffer US Decline, Muted China Rebound

Luxury Latest: Burberry Sales Suffer US Decline, Muted China Rebound

Assessment

Interactive Video

Business, Arts

University

Hard

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Quizizz Content

FREE Resource

The video discusses Burberry's sales performance, highlighting an 18% growth in comparable sales, with significant growth in China but challenges in the US market. The analysis includes insights from Bloomberg's Deborah Aiken, who notes the brand's need to reposition in the US. The video also covers Burberry's strategy under CEO Jonathan Akroyd, focusing on new designs and social media engagement to attract younger consumers.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage growth in sales for Burberry at comparable stores?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did Burberry's sales performance in China compare to expectations?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Burberry face in the US market according to the analysis?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies is Burberry implementing to appeal to the younger generation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the outlook for aspirational brands in the luxury market according to the analysis?

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