SOARING demand for luxury goods in China and online growth has helped Burberry beat declining high street footfall as it posted a 12% like-for-like sales increase over the Christmas period. Shares soared after better-than-expected retail revenues of pound(s)528 million for the third quarter to the end of December. Outerwear, which includes the brand's signature trench coat, together with large leather goods contributed about half of the growth, while men's accessories and tailoring also performed strongly. It said stores continued to be hit by "weak" footfall reflecting a trend across the sector but digital sales outperformed, after investment in collect-in-store services. Chief executive Angela Ahrendts , who is due to leave later this year, said the sales growth was "in line with expectations".
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