Retail in Asia

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Burberry reports strong growth in first half of 2014

Burberry reported posted strong growth in the first half of the year, with revenues increasing 14 percent and profits by 6 percent.

"This performance reflects the passion and commitment of our teams around the world and the great momentum of the brand," said Christopher Bailey, Chief Creative and Chief Executive Officer.

The company said the growth targets were achieved despite a more difficult environment, many driven by focused strategies to drive momentum, product excellence and customer experiences, both online and offline.

During the period, it launched My Burberry, and opened nine mainline stores, including six in airports. The mobile platform was also upgraded in the third quarter.

"Looking ahead, in a more difficult external environment, we continue to focus on the things that we can control. Through authentic products, great customer experiences and a culture of continuous improvement and innovation, we remain confident of Burberry’s sustained outperformance," Bailey added.