Burberry Group, the U.K.’s largest luxury-goods maker, reported first-half earnings that beat analysts’ estimates and raised its dividend by 40 percent. Adjusted pretax profit advanced 26 percent to 161.6 million pounds (US$257 million / EUR188.95 million). "In luxury, 50pc of the business is done in 25 markets around the world. Those 25 top markets are more sheltered, because of local high net-worth customers and tremendous tourism coming in," Angela Ahrendts, CEO of the company, stressed, explaining that Burberry is directing its sales efforts towards the most resilent markets. "That's where investment is going and team focus is going." Read Full: Burberry beats expectations and raise dividend 40% - Fashion - news - Fashion News India, jobs, network, apparel, business
