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Americas and Asia boost Burberry sales

Americas and Asia boost Burberry sales

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Burberry reported strong results on Wednesday, with sales up 5% year-on-year, sending its stock soaring.

 

British luxury group Burberry reported sales for the third quarter ended December 25 at 723 million pounds, and the group expects adjusted annual operating profit to be up 35% at constant exchange rates. “We have continued to strengthen our position with new, younger customers” and “increased sales at full price“, the group commented in a statement.

 

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