Burberry hits record as sales soar in Asia - leatherbiz: Leading news Leatherbiz

News

Burberry hits record as sales soar in Asia

21/05/2013
British luxury brand Burberry has reported record preliminary results for 2012-13 with revenues up 8% to £2 billion and profits up 14% to £428 million.

Strong sales in China boosted the numbers, with revenues from the region rising 20%.

Men’s accessories grew by over 30%.

Angela Ahrendts, Burberry’s CEO, commented: “Finishing the year with a strong retail performance both online and offline, Burberry achieved record revenue and profit in 2012/13.

“Looking ahead, although the macro environment remains uncertain, Burberry is well positioned with opportunity by channel, region and product. Our brand momentum, proven strategies and closely connected global team provide confidence in Burberry's future performance.”

The group opened 23 stores and is planning 25 launches in the upcoming financial year.


Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.