Burberry shares rise after 7% increase in sales

on 15/01/2013 12:26:22

Shares in luxury clothing retailer Burberry have risen this morning on the back of better than expected sales figures.

They are up 7% in the three months to the end of December, compared to last year.

Menswear, coats, scarves and other accessories were some of the fashion store's biggest sellers.

Only four months ago the company was issuing a profits warning.

Burberry have said the global outlook remains challenging.