In an unscheduled trading update, the FTSE 100 luxury fashion powerhouse said it has continued to see a strong rebound in trading since December.
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Like-for-like retail sales for the fourth quarter are estimated to rise between 28% and 32% compared to the same period last year.
Full-year group revenue is now forecast to decline between 10% and 11%, with adjusted operating margin to be in the range of 15.5% to 16.5%.
As of January, the trenchcoat designer only had 15% of stores closed while 36% were operating with reduced hours or under regional restrictions.
In the 13 weeks to December 26, 2020, retail revenue fell by 4% to £688mln, with like-for-like store sales down 9%.
Store sales jumped 11% in the Asia Pacific region, with strong growth in Mainland China and Korea, but were down 37% in Europe, the Middle East, India, and Africa and 9% in the Americas due to COVID-19 disruption.
Digital full-price sales growth over 50% with Mainland China rocketing “in triple digits”.