Burberry sets sights on further growth

Fashion house Burberry pledged to ramp up expansion today as it celebrated an “outstanding” 12% rise in underlying earnings for its 150th anniversary year.

The group, famous for its distinctive black, camel and red check design, said continued strong demand for its luxury handbags – particularly its special anniversary range, the Burberry Icons Collection – helped lift earnings to £185.1 million in the year to March 31.