UK: Burberry buys Chinese retail operations for GBP70m
Luxury goods firm Burberry Group Plc is to buy out its franchise partner in China for GBP70m (US$107.7m) in a move intended to pave the way for its expansion in the Chinese market.
Luxury goods firm Burberry Group Plc is to buy out its franchise partner in China for GBP70m (US$107.7m) in a move intended to pave the way for its expansion in the Chinese market.