Business

Burberry Chief's Pay in Focus

Burberry's merchandise is iconic and still very much in fashion. The British luxury brand reported a strong 370 million pound retail revenue for the first quarter beating analysts forecasts. Sales growth was also up 12 percent, beating rivals Louis Vuitton and Gucci—who failed to top 5%. But there was a warning future profits could be hurt by sterling's strength—possibly by as much as 55 million pounds.

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