Luxury brand Burberry, which has operations in Castleford and Keighley, reports continued strong rebound in trading

Global luxury brand Burberry today said it had continued to see a strong rebound in its trading performance.

Friday, 12th March 2021, 7:53 am
Updated Friday, 12th March 2021, 7:54 am
Library image of Irina Shayk wearing a black leather coat during the Burberry London Fashion Week

In a statement, Burberry said: "We are issuing an unscheduled trading update ahead of the 27th March 2021 financial year end.

"Since December, we have continued to see a strong rebound and now expect revenue and adjusted operating profit to be ahead of consensus expectations.

"Comparable store retail sales in Q4 FY2021 are expected to be in the range of +28% to +32% higher than the same period last year. For the full year, we expect group revenue to decline by -10% to ‑11% and the adjusted operating margin to be in the range of 15.5% to 16.5%."

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"Our preliminary FY2021 results will be released on 13 May 2021."

The firm, which has made its iconic products in Castleford and Keighley in West Yorkshire for more than 100 years, is a global luxury brand, headquartered in London.