Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

Burberry set for sales boost from Brexit-hit pound

Burberry is expected to report a lift in fourth-quarter sales next week as the Brexit-hit pound continues to boost the fashion house.
Burberry is expected to report a lift in fourth-quarter sales next week as the Brexit-hit pound continues to boost the fashion house.

Burberry is expected to report a lift in fourth-quarter sales on Wednesday as the Brexit-hit pound continues to boost the fashion house despite a slowdown in UK consumer spending.

The group is forecast to notch up comparable sales growth of between 3% and 4%, driven by robust demand for luxury products in the UK and China.

Shoppers from the US and Asia have been flocking to Britain to take advantage of the plunging pound by snapping up luxury goods at a knock-down price.

The pound’s near 20% fall versus the dollar since the Brexit vote has made British products cheaper for foreign buyers.

The three-month update comes alongside half-year results, forecast to show a total revenue rise of 14% to £1.6billion, according to analysts at Bernstein.

It said total retail revenues looked set to jump by 19% to £1.3billion over the period.

Bernstein’s Mario Ortelli said:  “In the second half of 2017, we expect the continuing trends from the last period with good sales in mainland China and UK in part offset by a still weak Hong Kong.”

The firm, famous for its trench coats and check scarves, has set its sights on improving sales after signing a deal with make-up and fragrance giant Coty at the beginning of the month.

The licensing agreement will start in October and will see Burberry taking the creative lead in the US beauty giant using its global distribution network.

Burberry has already launched luxury fragrances Mr Burberry and My Burberry and revamped its make-up range over the past four years.