Burberry’s Quarterly Sales Fall Less Than Expected 

A man carries a Burberry shopping bag on New Bond Street in London, Britain, July 15, 2024. (Reuters) 
A man carries a Burberry shopping bag on New Bond Street in London, Britain, July 15, 2024. (Reuters) 
TT

Burberry’s Quarterly Sales Fall Less Than Expected 

A man carries a Burberry shopping bag on New Bond Street in London, Britain, July 15, 2024. (Reuters) 
A man carries a Burberry shopping bag on New Bond Street in London, Britain, July 15, 2024. (Reuters) 

British luxury brand Burberry reported a smaller than expected 4% drop in quarterly comparable store sales on Friday, helped by stronger festive demand in the United States.

Analysts had expected a 12% decline in comparable sales for the company's third quarter to end-December.

Burberry said it was now more likely that it would avoid a full-year operating loss. It reported an adjusted operating loss of 41 million pounds ($51 million) in the first half.

Third-quarter sales in the Americas rose 4%, and Burberry said New York in particular performed well. Asia Pacific continued to lag, with sales down 9% and mainland China down 7%.



Fashion Commission Celebrates Winners of 'Traditional Handcrafts Revival in Saudi Fashion' Competition

The competition reinforces the Kingdom's cultural identity on the global fashion stage and highlights the potential of Saudi craftsmanship to inspire innovation in modern design. (SPA)
The competition reinforces the Kingdom's cultural identity on the global fashion stage and highlights the potential of Saudi craftsmanship to inspire innovation in modern design. (SPA)
TT

Fashion Commission Celebrates Winners of 'Traditional Handcrafts Revival in Saudi Fashion' Competition

The competition reinforces the Kingdom's cultural identity on the global fashion stage and highlights the potential of Saudi craftsmanship to inspire innovation in modern design. (SPA)
The competition reinforces the Kingdom's cultural identity on the global fashion stage and highlights the potential of Saudi craftsmanship to inspire innovation in modern design. (SPA)

The Saudi Fashion Commission concluded its "Traditional Handcrafts Revival in Saudi Fashion" initiative with a special awards ceremony in Riyadh on Sunday.

The initiative aligns with the Ministry of Culture’s Year of Handicrafts 2025 vision to promote traditional handcrafts by highlighting Saudi traditional attire, celebrating the Kingdom's rich cultural heritage, and supporting local creative talents.

The competition aimed to integrate traditional handcraft techniques into contemporary fashion, creating a bridge between the past and present. Participants engaged in specialized workshops led by fashion experts, exploring ways to merge traditional craftsmanship with modern design principles.

The program provided a holistic experience, teaching not only the techniques of handcrafts but also deepening participants' understanding of their historical and cultural significance.

A total of 235 applicants competed in the initiative, with 25 finalists selected for the final stage. The winning designs were showcased during the Saudi Cup 2025, coinciding with Founding Day celebrations. A distinguished panel of judges, comprising leading figures in fashion, arts, and heritage, selected the top ten designs.

The competition reinforces the Kingdom's cultural identity on the global fashion stage and highlights the potential of Saudi craftsmanship to inspire innovation in modern design.