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...