Burberry reports growth in revenue

Burberry reported strong sales in the three months to the end of June, despite covid restrictions and closed stores.Burberry reported strong sales in the three months to the end of June, despite covid restrictions and closed stores.

Revenue surged by 86% and digital sales doubled in the 13 weeks to 26 June.

Despite the positive results, the fashion brand said that it was still impacted by the lack of tourist footfall and store closures over the pandemic.

“We saw strong growth across our strategic categories, in particular leather goods and outerwear, and exited markdowns in digital and mainline stores,” said Chief executive Marco Gobbetti.

“We continued to roll out our new store concept that will transform how customers experience our brand and product in a uniquely British luxury setting.”

“Despite the continuing challenging external environment, we are very pleased with the progress against our strategy. With the company firmly set on a path of growth and acceleration, we are confident of achieving our medium-term goals.”