Profit Rise at Burberry Fuels Growing Anger Over Factory Closure

Summary


Fashion house Burberry yesterday said that 'outstanding' demand for its new range of luxury handbags helped it to a 7% rise in half- year operating profits.

The 11% climb in revenues for the six months to September 30 to pounds 392m has prompted Welsh politicians to call for plans to close the Treorchy factory to be scrapped.

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Profit Rise at Burberry Fuels Growing Anger Over Factory Closure

The company had operating profits of pounds 84.2m and retail sales rose 23%.

Plaid Cymru MEP Jill Evans said, 'These strong fi...

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