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Byline: Samantha Conti
Burberry Revenue Up 6.1 Percent in First Half
First-half revenues at Burberry Group plc rose 6.1 percent to 572 million pounds, or $915.2 million, from 539 million pounds, or $862.4 million, boosted by favorable exchange rates and nonapparel such as handbags, small leather goods, scarves and shoes.
Figures have been calculated at average exchange rates for the six-month period.
Burberry said Wednesday that, at constant exchange rates, revenues in the six months to Sept. 30 would have shown a decline of 5 percent, due to a 15 percent decline in wholesale sales, which was in-line with the company's previous …