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The past seven days we have seen many apparel companies reporting nice growth figures, but Burberry beats all expectations with a 30% sales growth. "No evidence of any slowdown ... What we have seen is consistent strong brand momentum and business growth," Finance Director Stacey Cartwright told reporters after the 155-year-old group published it's first half year trading update. CEO Angela Ahrendts stated: "Our first-half performance, with 30% revenue growth, clearly demonstrates the continuing global momentum of the Burberry brand, underpinned by consistent and balanced double-digit growth in retail and wholesale, all regions and all product categories." Like-for-like sales growth in China was up around 30% in Q2, in line with the first quarter.Read Full: 30% sales boost for Burberry - Fashion - news - Fashion News India, jobs, network, apparel, business
