Burberry Sales Jump as Luxury Maker Navigates Tough Economy

Burberry Group Plc, the U.K’s largest luxury-goods maker, reported third-quarter sales that beat analysts’ estimates and said it sees no reason to change full-year forecasts as it negotiates a “challenging” economy.

Revenue in the three months ended Dec. 31 climbed 22 percent to 574 million pounds ($882 million), the London-based company said today in a statement. That was higher than the 568.3 million-pound average of four estimates compiled by Bloomberg. Excluding currency shifts, sales climbed 21 percent.