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British fashion house Burberry expects to emerge from coronavirus sales slump soon as young Chinese drive sales recovery

British fashion house Burberry looks set to emerge from the rut the luxury goods industry has been stuck in since the outbreak of the coronavirus, riding a wave of strong growth among younger customers in China.The company, famous for its trench coats and check patterns, saw strong double-digit sales growth in China in the period from July to September, helping put it on track for the company-wide sales growth it expects to materialise in October’s numbers. Sales globally fell 6 per cent year…

Read the original article at South China Morning Post

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