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Burberry's revenue rebounds from pandemic

reuters.com · 11/11/2021 02:13
Burberry's revenue rebounds from pandemic

- British luxury brand Burberry BBRYF said its revenue returned to pre-pandemic levels in the first half of its financial year, driven by strong growth in mainland China, South Korea and the United States.

The company, which recently poached Versace boss Jonathan Akeroyd to be its new chief executive, reported revenue of 1.21 billion pounds ($1.64 billion) for the six months to Sept. 25, up 45% at constant exchange rates.

Adjusted operating profit came in at 196 million pounds, nearly four times the level achieved a year ago and beating expectations.

($1 = 0.7389 pounds)

(Reporting by Paul Sandle
Editing by William Schomberg)

((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters Messaging: paul.sandle.thomsonreuters.com@reuters.net))