Burberry Revenues Gain 10% in H2


WWD

LONDON — Burberry’s revenues rose 10 percent at actual exchange rates in the six months to March 31 to 1.42 billion pounds, or $2.2 billion, rising 9 percent at constant exchange rates.

Contributing to the gain was double-digit growth in retail sales in the Americas and EMEIA (Europe, Middle East, India and Africa) regions, along with demand for the British label’s trench coats and scarves.

All dollar figures are calculated at average exchange rates for the period.

Retail revenues during the period rose 14 percent at actual exchange rates to 1.06 billion pounds, or $1.64 billion. The firm noted that the Americas had seen double-digit same-store sales growth over the half, with a “strong performance” in the U.K., France and Italy, driven both by domestic and traveling customers. In terms of retail and wholesale sales, the Americas rose 18 percent at actual exchange rates to 378 million pounds, or $586…

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