Burberry Reports Strong Q1 Sales Growth Driven by China Rebound

• Burberry's retail sales rose 18% in Q1, inline with expectations.
• Sales in mainland China increased 46%, offsetting continued weakness in the US.
• New designer Daniel Lee's products are set to arrive in stores in September.
• Sales growth was seen across most regions except the Americas.
• CEO says results reflect brand elevation efforts and new product designs.

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