Burberry to release half year results
Oct 14, 2013
Burberry is expected to reveal stellar results this week, as the companysaw sales rise 16 per cent to 1 billion pounds for the first half of the year.
International operations and sales in China are expected to be up 10 per cent for the second quarter with its menswear ranges doing particularly well.
Antoine Belge, analyst at HSBC, said: “In China we believe the ‘self-help’ element, better merchandising, an upgraded store network and the distinctive positioning of Burberry as a unique sizeable luxury brand with a British heritage should allow it to continue to outperform.”