Burberry Confident On Profit As Revenue Rises 21%

LONDON -- Burberry Group PLC , the luxury-goods firm, said Wednesday that its total revenue for the six months to Sept. 30 rose 21% to 641 million pounds ($1.01 billion) on a reported basis from the same period a year ago. The increase was 17% on an underlying basis. "While mindful of our strong second half last year, we currently expect adjusted profit before tax for the full year to be in the top half of market expectations," said Chief Executive Angela Ahrendts in a statement. For the second half, average selling space is expected to increase by about