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Wrapped up: Festive success at Burberry

STRONG Christmas sales of scarves, men’s tailoring and accessories helped Burberry beat City expectations with a 9 per cent jump in revenues in the final quarter of last year.

Sales of £613 million mark a robust return to form for the FTSE 100 company, which shocked investors with a profit warning in September after years of stellar growth. Chief executive Angela Ahrendts said a particularly strong week before Christmas had helped boost the figures.

Analyst Bethany Hocking at Investec said profit forecasts for the current year would be nudged higher.


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