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The company posted a 14 per cent increase in the figure for the six-month period, prompting its shares to open strongly on the stock market.
At 09:07 BST, their value had risen by 3.35 per cent, taking the price to 555p.
Burberry's performance was aided by double-digit growth across Europe and Asia, however it saw revenue decline in its US and Spanish operations.
Store closures account for ten per cent of a 23 per cent drop in wholesale revenue, however the company opened seven new franchises in China and chief executive officer Angela Ahrendts stated that the firm "remains focused on executing to capitalise on all available opportunities".
For the second half of the year, Burberry predicted that its underlying wholesale revenue will fall by approximately 15 per cent, with the decline split equally between its own store closures and changes in stock carried by other retailers.
