Global Apparel Market – An Overview | Watch NOW! | Ad
Home / Knowledge / News / Fashion / Digital propels double-digit H1 sales growth at Burberry
Digital propels double-digit H1 sales growth at Burberry
15
Oct '14
A strong performance across all regions and continued digital growth, helped revenues climb 14% at UK-based luxury and fashion goods marketer - Burberry Group in first fiscal half year ending September 30, 2014.

Burberry said its sales grew by 14% year-on-year to £1.1 billion in the first half of 2014, of which its retail segment achieved a growth of 15% in reaching revenue of £748 million and wholesale turnover amounting to £317 million also up 13%.

Burberry posted a comparable sales growth of 10% in the period under review, while it also managed a double-digit comparable sales growth in Asia Pacific and Americas and mid single-digit growth in EMEIA.

The luxury goods retailer added that there was a balanced growth across major product divisions, with key drivers being rainwear, womens Prorsum, leather bags and mens tailoring, despite external environment becoming more difficult, partly offsetting reduced currency headwinds.

In the reporting period, Burberry opened nine mainline stores, including six in airports and has focused its marketing activities on core heritage products.

CEO Christopher Bailey said, “Looking ahead, we have never been better prepared for the all-important festive periods, intensely focused on delivering outstanding products and experiences, alongside continued investment to drive productivity and profitable growth.” (AR)

Fibre2fashion News Desk - India


Must ReadView All

China reportedly cancels trade talks with US, Liu He visit

Apparel/Garments | On 22nd Sep 2018

China reportedly cancels trade talks with US, Liu He visit

Washington is reportedly positive about arriving at a solution to its ...

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

Interviews View All

Amrit Sethia, SOIE

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Kaizad Hansotia, GetNatty

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Mandeep Nagi, Shades of India

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Ravi Raj Desai,

Ravi Raj Desai

Himalaya Cotton Yarn Ltd manufactures high quality denier. The spinning...

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

Leave your Comments


September 2018

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

news category


Related Categories:

Advanced Search