Burberry posts first quarterly sales rise in two years

Burberry narrows first half loss on turnaround plan

Burberry said Thursday it narrowed losses in its first half thanks to the British luxury fashion label's turnaround plan begun a year ago.

Burberry turns corner with first sales rise in two years

The luxury fashion firm said comparable same store sales lifted 2% in its second quarter and remained flat overall in the first half.

Burberry Bounces Back in Second Quarter as Shoppers Return to Stores

Underlying retail sales were up 2 percent in the second fiscal quarter, the first time in two years that Burberry has seen same store sales grow.

Burberry posts first quarterly sales rise in two years

Burberry has today reported a 2% rise in its second-quarter comparable store sales, beating market expectations, as the British luxury retailer's turnaround measures start to bear fruit and its China business returned to growth.

The Burberry share price is surging following a return to profit. Is the turnaround on?

The Burberry (LSE: BRBY) share price has surged 80% in the past year, yet it remains around half its value from a few years ago. With the Burberry Forward strategy starting to deliver, investors may be asking: is it time to jump on the train? H1 results The luxury fashion company’s share price is up 4% in early trading today (13 November) following the release of its H1 results. It swung to an adjusted operating profit of £19m, up from a loss…

Burberry returns to growth as turnaround effort starts to bear fruit

Burberry reported a 2% rise in second-quarter comparable store sales on Thursday, beating market expectations, as the British luxury brand's turnaround measures started to bear fruit and its China business showed signs of recovery.