Burberry Announces 42% Rise in Profits

Burberry has revealed its financial figures for the first half of the financial year, reporting that profits have risen 42% to around £132 million GBP (approx. $173 million USD). Announcing the performance figures in a statement, Burberry added that the profit rise was partly due to the "exceptional response" to Riccardo Tisci's "new creative vision." Other reasons highlighted for the better-than-expected performance include the "endorsement from some of the world's most followed influencers," ...