LONDON – Burberry is bouncing back, with a return to growth at its retail stores and an improving overall performance at the top and bottom line in the first half ended Sept. 27.

Burberry said Thursday that underlying retail sales grew 2 percent in the second quarter, the first time in two years that it has reported growth at its stores. In the first quarter, retail sales were down 1 percent.

In the six months, underlying retail sales were flat, compared with a 20 percent decline in the corresponding period last year.

First-half revenue was down 5 percent at reported rates, and 3 percent at constant exchange to 1.03 billion pounds, narrowing steadily under chief executive officer Joshua Schulman .

Since Schulman joined in 2024, he has breathed new life into Burberry classics,

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