Burberry Targets 25 Wealthy Cities

Summary


FASHION house Burberry yesterday said it would target 25 of the world's wealthier cities in a bid to allay fears it will be hit by the faltering economy.

It said these key markets, which include London, New York and Beijing, account for more than half of the global luxury fashion trade and benefit from high levels of tourism and well-heeled residents.

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Extract


Burberry Targets 25 Wealthy Cities

Profits rose 26% to pounds 162m in the six months to Sep...

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