The company has announced that it is on track to refurbish half of its store estate by the end of next year and to complete the entire refurbishment of the portfolio by the end of 2026.
The news comes as the business released its trading figures for the first quarter of FY24, a period in which the brand reopened its flagship New Bond Street store. The retailer also announced it refurbished a total of 19 stores during this period.
Burberry also revealed that it had seen an increase in revenue during the first quarter of FY24, as nearly all regions saw their sales increase. This was particularly helped by a 46 per cent increase in sales in Mainland China, which looks to be recovering from COVID-19 lockdowns. Group sales outside of Mainland China grew by 11 per cent, with only the Americas seeing a decline, of eight per cent.
