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Leather bags 'outperform' for growing Burberry

18/04/2013

Burberry’s strategy to focus on the upper end of the luxury market seems to have paid off, with better-than-expected first-half results driven by strong sales in China. Total revenue was up 9% to $1.12 billion, with double-digit rises in China and Hong Kong. The UK luxury brand opened 10 stores in the period to March 31, and said its leather...

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