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Emma Watson helps Burberry beat expectations

October 17, 2009 @ 4:11pm · 0 comments
Burberry, the luxury goods retailer famed for its camel check, said that sales of handbags and snoods—pull-on scarves—during its second quarter helped it to beat City expectations, prompting analysts to raise their profit forecasts.

Last month's high-profile catwalk show at London Fashion Week, which was attended by face of Burberry and Harry Potter star Emma Watson, helped raise the company's profile in the UK.Burberry said that second-quarter sales climbed 4.6pc to £343m. Analysts edged their full-year, pre-tax profit forecasts towards the £190m level.

One dark spot for the company was Spain, where sales fell dramatically due to the economy.

Credit: Telegraph
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