Burberry bets on bags to fashion sales turnaround

UK fashion company Burberry Group is betting on growth in its smaller handbag business and playing up its trademark colours as new chief executive Marco Gobbetti seeks to join the luxury industry’s turnaround.

At its first major runway show since Mr Gobbetti took over in July, the trenchcoat maker showed off reversible tote bags decked out in its tartan plaid, including a £1,490 (€1,694) version lined in honey calfskin.

“We have already established a very good platform in accessories and leather goods, but I think we have a great opportunity,” Mr Gobbetti said. “I’m very confident that will be a big area of development for us.”