Burberry Earnings Report Points Out: The Annual Total Sales Increase Of The Group Is 2 Billion Pounds.
< p > Burberry broke the record last year. In 2012, the pre tax profit increased by 14% to 428 million in 2012, which is 2% higher than the market expectation.
Thanks to China's sales growth and Latin America's further growth, the company's annual sales volume has exceeded 2 billion for the first time in history.
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< p > Burberry earnings report pointed out that the total annual sales volume of the group increased by 2 billion, an increase of 8% over the same period last year.
As a company's pformation from wholesale business to retail, the proportion of retail revenue in the second half of the fiscal year is 3/4, the revenue increased by 12% compared to the same period last year, while the wholesale business revenue decreased by 1% during the same period.
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< p > China's market sales increased by 20% year-on-year in the fiscal year ending March 31, 2013, which completely dispelled worries about the demand for luxury goods in this market.
Angela Ahrendts, chief executive of Burberry group, also expressed optimistic expectations that China's sales growth will continue. She pointed out that "indicators are very clear that China will continue to be the fastest growing market in the region, and not just for Burberry, but the demand for famous brands in the Chinese market is very urgent."
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