Burberry Group’s retail sales jumped 14 per cent for the three months to June 30.
The luxury brand’s total revenue for its first quarter climbed 22 per cent, with comparable store sales growth of 4.5 per cent.
Burberry’s strongest store sales growth for the period was in the US, Europe and Asia, with Spain performing less well. Good performances were reported in non-fashion and outerwear.
Wholesale revenues rose 43 per cent, while licensing revenue increased 3 per cent.
During the quarter, Burberry opened mainline stores in Cannes, France and Budapest, Hungary, as well as a net total of 14 concessions in Italy, Korea and Spain, including four new childrenswear “corners”.
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