Partner Article

Burberry report strong growth

Iconic fashion retailer Burberry has reported a strong performance for the 2011/12 period.

Revenue was up by 24% to £1,857m, and pre-tax profits were also up 24% to £366m.

The company has been expanding overseas, including the opening of flagship stores in Hong Kong, Paris and Taipei.

For the year ahead, the company plan to invest in innovation in digital marketing and retail, and customer insight and service.

Angela Ahrendts, Chief Executive Officer, commented: “Burberry has completed another successful year, with revenue up 24% and adjusted profit before tax up 26%.

“An intense focus by our global teams on business, brand and culture in recent years has resulted in a strong foundation across channels, regions and products.

“While we remain vigilant about the external environment, we will continue to invest in front-end opportunities within our brand, digital and retail strategies, to drive sustained, profitable growth and enduring customer engagement over the long term.”

This was posted in Bdaily's Members' News section by Tom Keighley .