Battle of the trenches; Burberry becomes a billion pound brand whilst Aquascutum falls into administ
Battle of the trenches; Burberry becomes a billion pound brand whilst Aquascutum falls into administration. Today Burberry announced an 11% increase in sales, meaning that the British brand has joined Prada, Gucci and Louis Vuitton in becoming a billion pound label. Meanwhile, Aquascutum entered administration following serious losses this year. The brand is currently owned by BFC chairman Harold Tillman. -- source link
#aquascutum#burberry#christopher bailey#harold tillman