Burberry (BRBY LN) CFO says store traffic remains challenging, but they are encouraged by strong conversion, with customers liking what they're seeing

Burberry (BRBY LN) CFO says store traffic remains challenging, but they are encouraged by strong conversion, with customers liking what they're seeing.

Burberry's CFO highlighted that while store traffic is still facing challenges, the positive takeaway is the strong conversion rate, indicating customers appreciate the product offerings. This suggests that while footfall may be subdued, those who do visit are more likely to make purchases, which could mitigate broader sales concerns and point to potential resilience in luxury demand.