Burberry beats quarterly sales forecasts
12/10/2011
UK luxury goods group Burberry has said it has not seen a slowdown in sales of its leathergoods, and has beaten analysts’ forecasts in its second quarter results.
“No evidence of any slowdown... What we have seen is consistent strong brand momentum and business growth,” finance director Stacey Cartwright told media after the group posted a 29% rise in second-quarter revenue.