Burberry is reaping record sales in China after buying out its local franchise partner last year, leading the luxury fashion brand to issue an upbeat forecast for full-year profits.
The retailer, which will report full-year results next month, revealed on Tuesday a 30 per cent sales increase in China in the second half of its financial year to March 31.
This helped drive a 42 per cent jump in overall group retail sales on an underlying basis to £596m ($972m) in the second half. Wholesale revenue in the second half also increased by 29 per cent to £214m.
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