Burberry returns to profit as sales rise 6% in tough luxury market

Briefing by News4U · First published

Burberry reported a pre-tax profit of £19m for the six months to 26 September after a £48m loss a year earlier, as sales rose 6% to £1.1bn, helped by 15% growth in China and 14% in the Americas, while sales fell 1% in Europe and the Middle East partly due to the Iran war. [1] [2] [3]

Sources

  1. Burberry’s Shares Jump After Sales Defy Tough Luxury Backdrop

    WSJ Business · · Summary only

  2. Burberry returns to profit as sales soar, from £85 socks to £9,000 bags

    The Guardian Business · · Full text

  3. Burberry's entry-level luxury lures new buyers

    RTÉ Business · · Full text

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