Flash ReportBurberry (LSE: BRBY) 1H16 Results: In-Line Results Driven by Digital Channel Growth and Product Innovation Coresight Research April 14, 2016 Executive Summary Burberry reported 1H16 revenue of £1.4 billion, down 1% from 1H15 but in line with the consensus estimate. In the retail segment,comparable sales for the period were down2%,but up 1% excluding Hong Kong and Macau. For FY17, the company plans to open 15 mainline stores in its retail segment, which are expected to contribute low–‐single–‐digit growth to total retail revenue. Burberry Expects a 10% decline in the wholesale Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Essential Guide to Shoptalk Spring 2025: Navigating the Future of Customer-Centric Retail with AI and Unified CommerceWeekly UK Store Openings and Closures Tracker 2025, Week 31: Greggs Opens More than 60% of Its Announced Store OpeningsChinese New Year 2025: New Trends—Domestic Travel and Subsidy-Boosted SpendingWeekly US Store Openings and Closures Tracker 2025, Week 25: Furniture Frenzy—At Home’s Bankruptcy, Ashley’s Store Renewal and Openings from IKEA, Wayfair and More
