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July 13, 2006
New Stores Boost Burberry Revenue
First-quarter revenue at Burberry surged 18.4% to over $248 million, driven by the opening of new retail locations.
Retail sales for the period ended June 30 rose 61% while the company’s wholesale business dropped 2.6%.
The results are sure to bolster the company’s recently announced plans to open new retail locations in the U.S.
Posted by Blacks on July 13, 2006 08:50 AM
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