Burberry revenues continue to rise beyond expectations

FASHION house Burberry Group Plc’s first quarter revenues rose 10%, slightly ahead of expectations, with strong sales worldwide except in its home market which continued soft, the company said yesterday.

Burberry’s revenues rose to £113.7 million (€165.1m) in the three months to end-June.

“Burberry is off to a great start,” finance director Stacey Cartwright said Burberry also said it was buying its distributors in Taiwan including 12 retail stores and various concessions for £9 million and said the new business should add £2 million of operating profit in 2006/07.