Burberry pursues balanced retail expansion

Burberry has recently confirmed that for the full fiscal year 2013-14 it plans to open about 25 mainline stores and close about 15 with capital expenditure around 200 million pounds, or $319 million, two-thirds of which has been earmarked for retail projects. Burberry has recently acquired three stores in Thailand that were previously franchises, while  the integration of the Japanese business was “well under way” ahead of the apparel license expiry in 2015. The brand operates four mainline stores and 10 concessions in Japan, which are already trialing the global collection.

Burberry flagship store Ginza, Tokyo