Burberry sales boosted by Asia

Monday, 19 April 2010
Burberry is expected to confirm on Tuesday that its sales are continuing to boom in Asia.

Sales in countries such as Japan have jumped by a fifth in the past three months on the popularity of expanded ranges of shoes and childrenswear introduced across the globe.

Worldwide own-store sales are believed to have grown by more than ten per cent in the second half of its financial year to March, excluding the impact of foreign currency changes.

Dennis Weber of broker Evolution Securities was quoted in the Daily Mail he predicted 'strong' figures.

Analysts expect profits to have grown by 14 per cent to £200 million on annual sales of £1.3billion.

 

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