Burberry focuses on "25 Londons" around globe, CEO says

Angela Ahrendts, chief executive officer at Burberry, highlighted 25 world cities which account for about half of the iconic fashion company's business as she downplayed the possibility of a slowdown in China. "[Our business in China is] a great business. It's a growing business, but we have got a lot of markets around the world," she said. "There are 25 Londons around the world where you have got the right demographic to be a flagship market."

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