Burberry Group plc is a holding company. It designs, sources, and markets luxury men�s, women�s and children�s clothing and non-apparel accessories globally through a diversified network of retail (including digital), wholesale and franchise channels. Burberry also licenses third parties to manufacture and distribute products using the Burberry trademarks. During the fiscal year ended March 31, 2012, retail accounted for 68% of revenue and wholesale 26%. It also has licensing agreements in Japan and globally. Retail includes 192 mainline stores, 208 concessions within department stores, digital commerce and 44 outlets. Wholesale includes sales to department stores, multi-brand specialty accounts, Travel Retail, and franchisees, who operate 57 Burberry stores, mainly in Emerging Markets. Licensing includes income from its licensees, approximately two-thirds from Japan and the balance from products (fragrance, eyewear and timepieces) and the European wholesale childrenswear licensee.