subject: British luxury - Burberry [print this page] British luxury - Burberry British luxury - Burberry
British luxury goods group Burberry outlet 2010 first half profit rose 49%, well above expectations. This is because the price reduction, better stock management and sales prices.
The group's signature trench coat brigade will be a hit this Christmas. The coat to be on the shelves soon, I think the coat will be the Military's best-selling products this year." And she said 150-year history of Burberry early next year the company will provide online services to consumers for their own Design made windbreaker.
Burberry products in camel, red and black plaid pattern well-known, as of September 30 in 6 months, non-recurrent items in it 129 million pounds pretax profit.
The group's optimism is also reflected in other groups such as LVMH and PPR luxury group situation. Gradually from the economic recession in the world come out from the lavish luxury goods company to benefit a lot of Chinese tourists.
Burberry said it hopes the first half because of coats and leather Burberry products sales increased 21% in the year in analysts earnings forecast to range (24 to 27 billion pounds) limit.
Burberry said it had 181 million pounds in cash net cash income, but the company's chief financial officer, Cartwright has announced expansion plans in addition to, refused to elaborate how the funds will be used. And said Board to be cautious on the balance sheet is right.
Although the group forecast due to intense competition, the growth rate in the second half will not soon, but it is still in the first half gross profit margin rose from 57.6% to 64.3%, as to ensure waterproof clothing and cashmere scarves as such traditional products will not lower prices.
