Burberry Group PLC (LSE:BRBY) said interim revenues have recovered to pre-pandemic levels, with full-price sales driving margin and profits higher.
The luxury designer posted strong growth in the Americas, Mainland China and South Korea, while other regions suffered from lower tourist numbers.
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Core categories, such as leather goods and outerwear, performed particularly well.
The FTSE 100 group has been rolling out 15 new digital-first store concepts, and there are another 50 in the pipeline before the end of the financial year.
It said it is on track to become carbon neutral and source 100% renewable electricity across its own operations by early 2022. At COP26 in Glasgow this month it announced a biodiversity strategy to protect, restore and regenerate nature.
“This includes a significant five-year investment in the LEAF Coalition, the largest ever public-private initiative to finance the protection of tropical forests, and a partnership with The Savory Institute to help regenerate the world's grasslands and the livelihoods of their inhabitants,” Burberry said.
In the six months to 25 September, revenue surged 38% to £1.2bn, with adjusted operating profit rising four-fold to £196mln. The dividend was hiked 3% to 11.6p per share and a £150mln share buyback was restarted.