Burberry lifted by Chinese demand

Burberry’s departing chief executive Angela Ahrendts is set to leave the group on a high after seeing no let-up in demand from Chinese consumers.

Ms Ahrendts, who is due to step down in the summer for a job at Apple, posted a 13% rise in retail revenues to £928m (€1.13bn) in the six months to March 31, with demand for its handbags and scarves in China and Korea particularly strong.