Burberry Net Up Slightly

Burberry Group plc said Thursday that net profits rose 3.6 percent to 110.2 million pounds, or $208.6 million, in the year ended March 31 as costs associated with its IT and supply chain initiative continued to take a bite out of bottom line growth.

By Samantha Conti

fashion-features/news

Burberry Group plc said Thursday that net profits rose 3.6 percent to 110.2 million pounds, or $208.6 million, in the year ended March 31 as costs...