Burberry Sales Beat Estimates on Recent Boost in U.K. Demand

  • Fashion label says pound’s fall will add 40m pounds to profits
  • Shares rise 7.3 percent in London; job cuts looming, CFO says

Burberry Group Plc, the luxury-goods maker that shook up its top management ranks this week, reported revenue that slightly beat analysts’ estimates as visitors to the U.K. stepped up purchases of rucksacks and trenchcoats in the final weeks of June.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.