Luxury brands fashion good results as demand surges to pre-Covid levels

Prada, Richemont and Burberry are among brands raking in dosh as cooped-up consumers spoil themselves

19 January 2022 - 20:09 By Reuters and Bloomberg

Prada sales bounced back sharply in 2021, while Richemont had its fastest holiday-season sales growth in at least a decade and Burberry forecast 35% earnings growth this year as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels...

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.