Burberry First Quarter Revenue Growth 9% Mainland PK Hongkong Performance

< p > July 10, 2014 report: < a href= "http://sjfzxm.com/news/index_cj.as" > British < /a > the largest luxury goods manufacturer Burberry Group PLC Bolley announced today that retail revenue increased by 9% to 370 million pounds in the first quarter, exceeding the market forecast of 354 million pounds, the sales growth rate was 17% at the constant exchange rate, 12% in the same store sales, and two data fell by only one percentage point compared with the same period last year.

As the first European luxury group to announce quarterly sales figures, Burberry Group PLC boboley's performance slightly relieved market fears of a slowdown in the luxury sector.

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< p > Burberry Group PLC surged 6.36% in early trading on Thursday, reporting a maximum of 1500 pence, narrowing to 2.61% at the time of the deadline and 1456 pence.

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Store sales in the Asia Pacific region and the Americas market recorded double-digit growth, with strong performance in mainland China and Hongkong and excellent e-commerce in the Americas. In Europe, the Middle East, India and Africa, the same store sales had only a low digit growth rate due to the main market weakness. P

Luca Solca, a bank analyst in Paris, pointed out that although the rapid growth of the Greater China region may only be driven by store investment, double-digit growth is a "positive" signal to the luxury industry.

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< p > in the first quarter, the group added four main stores, of which three were in the European airport.

As of June 30th, the group has 216 retail outlets, 224 counters, 55 discount stores and 69 franchise stores worldwide.

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Following the May annual report of fiscal year 2014, P Burberry Group PLC, Bobo Li, once again warned that strong exchange rate fluctuations would have a substantial impact on the current 2015 fiscal year's profitability.

In response to the current exchange rate level, the Group expects to cut its profit in retail and wholesale channels by 55 million. It was expected to be 40 million pounds, and the adjusted operating margin will drop from 17.5% last year to 16%, after a forecast of 16.3%.

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P Burberry Group PLC Bob Lee will hold its annual shareholders' meeting on Friday. It is expected that the salary level of Christopher Bailey, who will be chief executive from May, will be protested by shareholders.

According to the contract of Christopher Bailey and Burberry Group PLC Bobo Li, its salary includes fixed salary 1 million 100 thousand per year, 440 thousand allowance, cash dividend 2 million 200 thousand pounds, pension 330 thousand pounds, in addition to 4 million 400 thousand pounds of pfer bonus, a total of 8 million 100 thousand pounds, from its annual salary of 16 million 900 thousand pounds of previous Angela Ahrendts has a big gap, this is probably the industry to the designer born Christopher Bailey "industry discrimination".

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