First half highlights
Total revenue £883m, up 8% underlying
Retail revenue £577m, up 10% underlying
Wholesale revenue £253m, up 5% underlying
Licensing revenue £53m, down 5% underlying
Ongoing investment in retail
Angela Ahrendts, Chief Executive Officer, commented:
“Against record prior year comparatives, Burberry delivered 8% total revenue growth and 10% retail growth in the first half, albeit slowing in the second quarter. In a more challenging external environment, footfall declined but brand momentum remained strong, particularly with our higher spending luxury consumer.
Our highly experienced team remains very focused on the consistent execution of our key strategies, engaging consumers through innovative retail and digital marketing initiatives as we enter the most important quarter of the year. We continue to invest for long term growth in flagship and emerging markets, while tightly controlling discretionary spend."
Burberry Group plc
Textiles | On 30th May 2016
The Uttarakhand government is setting up three textile parks in the...
Apparel/Garments | On 30th May 2016
Youngone Corporation, a South Korea based textile and footwear...
Global Organic Textile Standard
What benefits can MSMEs have from GOTS certification? What is the...
What is the size of the ethnicwear vertical in India? How are Indian...
There are quite a number of brands stepping into the sports lifestyle...
Suominen Corporation is a manufacturer of nonwovens as roll goods for...
Technical Absorbents Ltd
<b><i>Mark Paterson, R&D manager of Technical Absorbents Ltd talks about...
<b><i>About one in every 20 patients picks up an infection while...
Label Ritu Kumar
"There are a lot of people wearing western clothes in India as well. But...
Gildan Activewear SRL
Gildan Activewear, a manufacturer and marketer of branded clothing and...
Silvia Venturini Fendi
"Yes, my confidence and positive attitude are my strengths and should be...