Burberry hails Retail performance in second half

Iconic British luxury brand Burberry has reported a decent rise in underlying revenue in the second half as strong growth in Retail continued to offset a weaker performance in Wholesale.

Iconic British luxury brand Burberry has reported a decent rise in underlying revenue in the second half as strong growth in Retail continued to offset a weaker performance in Wholesale.

Revenues totalled £1,116m in the six months to March 31st, up 9.0% an underlying basis, with Retail now accounting for 75% of total sales, up from 65% in the first half.

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