FASHION house Burberry lifted profit hopes after revealing a 21% rise in half-year revenues as customers snapped up coats and leather goods.
The company, which took centre stage at the recent London Fashion Week, said it continued to build momentum with strong performances in markets including Hong Kong, the UK, Italy and France.
It is also targeting more of the Chinese market after recently agreeing a £70m deal to buy out its franchise partner in the country.
The company’s retail division posted sales growth of 22% in the second quarter – up from 16% in the first quarter – after adding more selling space and the transfer of the Chinese operations.
Same-store sales rose by 8% in the quarter, down from 10% last time.
