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 Apr 2016
Cotton Textile Export Promotion Council (Texprocil) Chairman R. K....
Apparel/Garments | On 30th Apr 2016
Buying clothes for children can be a quagmire because sizing is often ...
Spinning King (India) Limited.
How has been the development in the area of fibres made from natural...
How is the market for streetwear faring in India? Is the demand same as in ...
INVISTA India Sales & Services Ltd.
How do you find the market for intimate wear in India as compared to the...
Mr. Narendra Dalmia
Strata Geosystems (India) Pvt. Ltd.
Mr. Narendra Dalmia has a experience of about 35 years in a wide variety...
Converting Influence LLC
Susan Stansbury is the director of Converting Influence LLC. Converting...
Biovation II LLC
<b><i>Kerem Durdag, CEO, Biovation II LLC, provides an insight into future ...
Occasions Elegance Wear
It is believed that by early 19th century, Varanasi weavers had moved away ...
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...