Burberry profits jump after menswear relaunch
Fashion house Burberry today reported a 50% profits surge driven by sales of leather handbags and its relaunched menswear business.
The company, famous for its red, black and camel tartan design, said its push for sales of non-apparel items – such as handbags, jewellery, and shoes – was paying off, with revenues in the category up 26% in the first half of its financial year.