
Burberry announced Tuesday that profit slumped 24 percent for the first half of the current financial year, blaming weaker international wholesale sales and the closure of underperforming stores. Please contact us via telephone ONLY.We offer the Beijing massage and Shanghai massage! Burberry, using its latest formula to express profit, announced that “attributable profit” fell to 56.8 million pounds, or $95.3 million at current exchange rates, for the six months that ended Sept. 30, 2009. Sales advanced in the same period to 572.4 million pounds, or $960 million, a six percent rise on the like period in 2008, according to interim figures released in London. Due to the weaker profit performance, the company’s earnings per share fell by 11 percent, but Burberry nonetheless upped its interim dividend by 4 percent to 3.50 pounds, or $5.88. In an address streamed on the company’s own Web site, Burberry CEO Angela Ahrendts trumpeted the fact that “comp sales,” or comparable-store sales - a measurement used by analysts to rate the productivity of a retail business - had risen 2 percent in the last half. She noted that Burberry closed six underperforming stores in the last year, but opened 23 new boutiques in the same period. “Our franchise partners opened seven stores in China and we believe there is scope for 100 stores in China in the medium term,” she said, standing behind a lectern. "The themes are great, they're fun, a little out there, really high fashion," said model Sessilee Lopez hghuklgh about the show and Beijing massage the models. "I read on some blog the line up this year is ridiculous. It's the Super Bowl of supermodels." And though she didn't divulge any looks before the show, Lopez did mention she's "wearing diamonds and its worth over 150 grand." Despite completing the construction of a huge new Thames River headquarters, the London-based group also ends the half with net cash of 56 million pounds, or $94 million, compared to one year ago when it suffered from net indebtedness of 114 million pounds, or $191 million. Burberry celebrated its new head office by staging a gala runway show and opening soiree during September’s London Fashion Week. |