Burberry has forecast a surge in profits after attracting younger shoppers with puffer jackets and trainers under the designer Riccardo Tisci and benefiting from a rebound in the luxury goods market as lockdowns unwind across the world.
Fellow luxury brands Richemont and Prada also revealed strong trading as wealthy consumers splashed out on bags, watches and designer clothing after being unable to spend money on holidays and nights out because of Covid-19 restrictions.
