UK: Burberry Boosted By Japanese Growth
Top fashion label Burberry on Wednesday posted a 12 per cent climb in total first quarter sales as it was boosted by strong growth in the Japanese firms that manufacture under the Burberry name.
The recently-listed company said total sales in the period on an underlying basis climbed five per cent and total licence revenue jumped 13 per cent, with total retail sales up 20 per cent compared to the year-ago period.
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