LONDON: British fashion group Burberry on Wednesday reported a rise in second-quarter sales, boosted by its online division, but cautioned that currency fluctuations would hit profits this year.
Revenues at the luxury retailer rallied 19 percent to £1.3 billion ($2.2bn, 1.6bn euros) in the six months to the end of March, compared with the same part of the prior financial year, Burberry said in a trading update.
“We are pleased with our second half performance ... underpinned by the planned increase in investment in offline and online retail, innovative customer service and marketing,” said chief executive Angela Ahrendts.
Read more
On DawnNews
Dear visitor, the comments section is undergoing an overhaul and will return soon.