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Last Updated: Wednesday, 12 April 2006, 11:07 GMT 12:07 UK
Retail sales help boost Burberry
Burberry fashion show
Womenswear has helped improve Burberry sales
Fashion house Burberry has seen group sales rise 3% in the second half of the financial year, boosted by increases in mainland Europe and East Asia.

Those sales, as well as higher retail growth rates, offset decline in its wholesale operations.

Retail sales were up 13% in the six months to April, pushed by new stores and growth in existing outlets.

Burberry, demerged from GUS last year, is well-known for its distinctive camel, red and black checked design.

It has also recently added other colour schemes, including pink-based ones.

Licensing revenues

"Consumers' favourable response to spring merchandise, particularly womenswear, and an exciting advertising campaign contributed to the strong retail performance," chief executive Rose Marie Bravo said in a statement.

During the period, we also successfully launched a major new fragrance, Burberry London
Rose Marie Bravo, chief executive

Retail sales accounted for 43% of group revenue last year, and were further helped by new stores in Taiwan and the US.

Licensing income was up 8%, thanks in part to higher royalty rates in Japan, where the desire for Burberry products shows no sign of waning. But wholesale sales fell 7% in the six-month period.

"During the period, we also successfully launched a major new fragrance, Burberry London," added Bravo.




SEE ALSO:
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15 Nov 05 |  Business
Burberry versus The Chavs
28 Oct 05 |  Business
New chief executive for Burberry
11 Oct 05 |  Business
Burberry chief 'plans to leave'
06 Oct 05 |  Business
GUS to demerge stake in Burberry
25 May 05 |  Business


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