British fashion brand Burberry Group PLC roared out of the recession with a swing back into profit Wednesday in another sign that luxury labels are seeing their customers come back.
The company, known for its camel-colored plaid pattern, became the latest in a series of luxury-goods companies to report sales and profit increases in recent weeks. Burberry said it would use its strengthened finances to nearly double capital spending, focusing on new stores in emerging markets and its fledgling online business.