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hese to accelerate significantly in the second half to hit full-year targets Hermes birkin pythonof £140m. The final piece of the revenue puzzle is licensed products, such as glasses and watches. Licences delivered £42m in revenue in the first half, down from £53m in same period last year. However, bringing fragrances in house means £11m in licence revenue was lost from wholesale and is now reported under beauty so, adjusted for this, licence revenue rose 2pc on the same point last year. Management expects the full-year licence revenue to be similar to last year at about £82m.High quality global journalism requires investment. Please share this article with others using the link below, do not cut &
paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to bu from womenswear. Now it’s what store buyers and consumers expect, and, because it feels timeless to us, we are happy to oblige.” Have animal prints really become the new neutral for men? Some style insiders are having none of it. “No. It’s a trend, not a classic,” says Mr Porter’s Jeremy Langmead emphatically. “For autumn we have bought animal prints spread broadly across accessories and clothing,” says louis vuitton leather bag Langmead. “From leopard sweaters by Raf Simons (£610) and shirts by Acne (£200) to Chelsea boots (£650) by Burberry Prorsum and scarves (£390) from Saint Laurent. But we also have a great pair of grey suede leopard print slippers by Jimmy Choo (£395) which could easily be worn with a dinner suit and are incredibly elegant.” “It certainly heralds a new mood for print and texture in menswear. It will be interesting to see how this will evolve,”
adds Langmead. “Who Burberry is growing strongly in its core retail business and hermes bearnprofit margins are improving. The group also has a good mix of online and high street locations across the world. However, the shares reflect this – rated at 19.1 times 2014 earnings, falling to 17 times next year. Burberry warned that in the second half the outlook is uncertain and currencies are volatile. Against this backdrop, the group has to deliver a strong second half performance to hit full-year revenue