Burberry reports 8 percent increase in turnover for full year, to 2,3 billion euros
Thanks to a 30% growth in China for its accessories and menswear, Burberry reports full year turnover of 2,3 billion euros, an 8% increase compared to the previous year. Burberry’s full year net profit dropped by 3,4% percent to 299,4 milion euros. For 2014, Burberry confirms retail expansion, worldwide, with 25 new stores in 2013. With the addition of a beauty line in April, Burberry expects improved financial performance for the 2013/2014 fiscal excercise. Last month, Burberry also launched its first luxury watches collection.