News Snapshot:
Burberry not hurt by Xinjiang coon row says CEO Burberry’s all-important sales in China don’t seem to have been hurt too much by the row over its stance on Xinjiang cotton, it emerged following the release of its full-year results this week. Burberry The company said its sales were still strong, even though it had seen a backlash in the country. That backlash came on the back of companies in Western countries criticising China after allegations of forced labour in Xinjiang.Burberry chief Marco Gobbetti conceded that it was a difficult situation and was quoted telling analysts that the business “had...
