Burberry reports 33% jump in net profits for the first half of fiscal 2013/2014

British luxury house of Burberry reports a 33% increase in its net income to 134 million euros, however the company expects an uncertain holiday season. Burberry’s turnover grew 17% surpassing for the first time 1 billion pounds thanks in great part to sales in its directly operated stores. Outgoing CEO Angela Ahrendts also stressed the company remains focus on retail (including travel retail), e-commerce and marketing in a difficult international macroeconomic context.

Burberry boutique at Zurich Airport