Home / Knowledge / News / Apparel/Garments / Burberry revenue rises 9% in Q4
Burberry revenue rises 9% in Q4
16
Jan '13
Burberry announced results for quarter 4 ending December 31, 2012.

Highlights for the three months to 31 December 2012

Total revenue £613m, up 9% underlying

Retail revenue £464m, up 13% underlying

- Comparable store sales grew 6%

- Outerwear contributed about half of mainline growth

- Prorsum and London further increased penetration

- Scarves, mens tailoring and accessories outperformed

Wholesale revenue £120m, down 5% underlying

- H2 underlying wholesale revenue now expected to be down low to mid single-digit percentage year-on-year

- Growth in US, Asia Travel Retail and Emerging Markets more than offset by weaker Europe

Licensing revenue £29m, up 4% underlying

- Double-digit growth from global product licences

- Innovative launch of The Britain watch

- Fragrance and beauty integration on plan

Further strategic and operational progress

- Opened seven stores, including new flagship in Chicago

- Digital commerce outperformed

- Spring 2013 advertising campaign generated record social media engagement

Angela Ahrendts, Chief Executive Officer, commented:

“Burberry delivered 13% underlying retail growth in the third quarter, benefiting from a particularly strong week in the run up to Christmas. In an otherwise difficult quarter, core outerwear, mens and digital all outperformed. We expect the external global environment to remain challenging, but see continued opportunities to drive productivity in our existing business, while investing for growth in under-penetrated regions, product categories, channels and mediums.”

Burberry

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search