Luxury Goods Manufacturer Burberry Retail Revenue Exceeds Expectations

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< p > the largest luxury goods manufacturer in the UK, Burberry Group PLC Burberry, recently announced that its retail revenue increased by 9% to 370 million pounds in the first quarter, exceeding the market forecast of 354 million pounds, the sales growth of 17% at the constant exchange rate and 12% by the same store sales. The two data fell by only one percentage point compared with the same period last year.

As the first European luxury group to announce quarterly sales figures, BurBerry Group PLC Burberry's performance slightly relieved market fears of a slowdown in the luxury sector.

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< p > Burberry Group PLC surged 6.36% in early trading on Thursday, reporting a maximum of 1500 pence, narrowing to 2.61% at the time of the deadline and 1456 pence.

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< p > Asia Pacific and the Americas < a href= "http://www.91se91.com/news/index_f.asp" > market < /a > same store sales all recorded double-digit growth, of which mainland China and Hongkong had strong performance, and American e-commerce was excellent; Europe, the Middle East, India and Africa had only a low digit growth in the same store because of the weak market.

Luca Solca, a bank analyst in Paris, pointed out that although the rapid growth of the Greater China region may only be driven by store investment, double-digit growth is a "positive" signal to the luxury industry.

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< p > in the first quarter, the group added four main stores, of which three were in the European airport.

As of June 30th, the group has 216 retail outlets, 224 counters, 55 discount stores and 69 franchise stores worldwide.

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Following the May annual report of fiscal year 2014, Burberry P Burberry Group PLC warned again that strong exchange rate fluctuations would have a substantial impact on the current 2015 fiscal year's profitability.

In response to the current exchange rate level, the Group expects to cut its profit in retail and wholesale channels by 55 million. It was expected to be 40 million pounds, and the adjusted operating margin will drop from 17.5% last year to 16%, after a forecast of 16.3%.

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"P > Burberry Group PLC Burberry will hold its annual shareholders' meeting on Friday. It is expected that the salary level of CHRistopher Bailey, who will be chief executive officer from May, will be subject to protests by shareholders.

According to the contract of Christopher Bailey and Burberry Group PLC Burberry, its salary includes fixed salary 1 million 100 thousand per year, allowance 440 thousand pounds, cash dividend 2 million 200 thousand pounds, pension 330 thousand pounds, in addition to 4 million 400 thousand pounds of pfer bonus, a total of 8 million 100 thousand pounds, from its annual salary of 16 million 900 thousand pounds of previous Angela Ahrendts has a big gap, this is probably the industry a href= "http://www.91se91.com/" target= "href=" > designer "born" of "industry discrimination".

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