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Fashion label Burberry posted a jump in operating profit for the first half of its financial year on Thursday, and announced that it was shifting its focus towards higher end luxury.
The company, famous for its iconic trench coats, leather goods and chequered scarves, said that underlying revenue increased by 4 per cent to £1.26bn in the six months to 30 September, while adjusted operating profit soared 28 per cent to £185m from £144m a year earlier.