Flash Report 2 minutesRegister for Free AccessBurberry (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? Register for a free user account. This document was generated for Other research you may be interested in: Financial Optimism Weakens in Year-to-Date 2024: US Consumer Survey InsightsShoptalk 2023 “Shark Reef” Startup Pitch Competition: Preview—12 Innovators, Four Areas of Retail DisruptionChina Consumer Tracker: Avoidance Falls Across the BoardAnalyst Corner—Deal Dynamics: The Upward Trajectory of the US Off-Price Market, with Anand Kumar
