Burberry on expansion trail

first_img Tags: NULL Share KCS-content whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Tuesday 19 April 2011 8:29 pm Show Comments ▼center_img FASHION company Burberry said yesterday it would expand its store space by ten per cent after it produced another set of stellar results.Its revenues soared by 32 per cent in the three months to March and Burberry said profit for the full-year would be at the top end of expectations. Burberry has been boosted by a massive expansion in its Asian markets and is riding out a tough time in Japan, one of its main markets, recently hit by a devastating earthquake and tsunami. The company said its Burberry Prorsum and Burberry London ranges were the star performers. Burberry reiterated its January view that it expected full-year profits at the top end of analysts’ expectations, which at that time ranged from £250-£290mChief executive Angela Ahrendts said: “Burberry had a strong finish to the year, driven by our design, digital marketing and retail initiatives, as well as good early progress in China.”Shares in the company closed six per cent higher at 1,215p yesterday after the update. The group slashed costs to keep it on track during the downturn and is now enjoying a resurgence in luxury spending. Ahrendts added: “While the luxury industry faces global challenges in the year ahead, we remain confident in our team’s ability to outperform, underpinned by the consistent execution of our key strategies.” Burberry on expansion trail whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaUndoLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsUndoBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeUndolast_img read more