Luxury > Design

Burberry to close one in 10 stores worldwide

One year ago   |   By The Guardian

Clothing company refuses to reveal location of the 38 outlets earmarked for closure Burberry is closing one in 10 stores around the world as part of an overhaul designed to take the luxury fashion brand more upmarket. The 163 year-old company refused to identify the locations of the 38 stores earmarked for closure but revealed five had already shut in Brazil and Spain. The brand will instead focus on turning its flagship stores into luxury destinations for well-heeled shoppers.
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