Strong finish to business year for Burberry - leatherbiz: Leading news Leatherbiz

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Strong finish to business year for Burberry

19/04/2012
Luxury brand Burberry has reported an increase in revenue of 18% for the six months to March 31, the second half of its company year. Revenue for the period exceeded £1 billion, with more than 70% coming from the company’s retail operations. Its same-store sales were up 12%, in comparison to the same six months in the previous business year.

The UK, France and greater China were particularly strong markets for Burberry over the period, with men’s accessories as one of the fastest growing product lines.

Commenting on the results, chief executive, Angela Ahrendts, said: “We are pleased with Burberry’s finish to the year across all channels, regions and product divisions. Looking ahead, while we remain vigilant about the external environment, our global teams continue to focus on optimising our core brand, digital and cultural initiatives, while investing to drive sustainable, profitable growth.”

Burberry has 192 retail stores, 208 concessions, 44 outlets and 57 franchise stores around the world.


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