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It saw its share value rise by 7.5 per cent after reporting strong sales growth, with chief executive Angela Ahrendts offering an optimistic tone for the future in a trading update.
She said: "While the luxury industry faces global challenges in the year ahead, we remain confident in our team's ability to outperform, underpinned by the consistent execution of our key strategies."
The company reported 32 per cent growth in fourth-quarter revenues excluding Spain, with the figure reaching £390 million during the period.
Burberry's increase in value set against a background of growth in the FTSE 100 of 0.6 per cent, following the 2.1 per cent fall on Monday.
Writing in the Independent's Investment Column, Nikhil Kumar advised investors to hold their shares in the luxury fashion house, saying the firm has plenty of growth avenues open to it.
Posted by Chris Weaver








