Burberry says “authentic British” identity will underpin long-term growth

12/11/2015
Burberry says “authentic British” identity will underpin long-term growth
Luxury brand Burberry has announced revenues of £1.1 billion for the first six months of its financial year, April to September 2015, flat with the figure for the same period last year. Profit before tax was up 3% to £153 million.

Chief executive, Christopher Bailey, called the results “robust” in the context of a “challenging” external environment. He said: “We enter the second half mindful of this backdrop, but confident in our strongest-ever festive plans and emphasis on productivity and efficiency. We remain focused on building Burberry for long-term, sustainable growth and value creation. In an evolving luxury environment, we see compelling opportunities by channel, region and product, underpinned by the strength and distinctiveness of our authentic British brand.”