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Burberry sales buoyed by Asia
Luxury retailer Burberry saw a 21 per cent rise in fourth-quarter sales, fuelled by continuing growth in China.
In the last quarter of 2011, revenue rose to £574m, with sales in Chinese shops up 30 per cent
Burberry attributed the rise to knitwear, men’s accessories and fragrance.
Angela Ahrendts, Burberry chief executive officer said: “Our investment in flagship markets and digital technology has enabled our global teams to continue to drive customer engagement.
“We remain focused on executing our proven core strategies to achieve long-term growth, while staying mindful of the challenging macro environment.”