A fresh range of colourful womenswear has helped to lift profits at upmarket fashion house Burberry.
Pretty in pink: Burberry's new designs
The company, best known for its trademark beige check, reported full-year pre-tax profits of £138.8m.
This compared with a £109.4m profit last year, although the 2003 figure fell to £85.1m when the costs of its market flotation were included.
Underlying sales were up 15%, and Burberry said it was upbeat about prospects for this year.
"With a favourable response to date to our autumn/winter 2004 merchandise, we look ahead to the current financial year with confidence," said chief
executive Rose Marie Bravo.
Burberry has been opening new stores in Europe, the US and Asia.
Its new ranges of more colourful designs have also proved popular with shoppers, including a pink version of its classic raincoat.
Burberry is majority-owned by retail group GUS, which partially floated the fashion house in July 2002.