Burberry profit tops forecast, steps up expansion (Reuters) "Luxury goods group Burberry beat forecasts with a 23 percent rise in annual profit, boosted by sales of coats and leather goods, and said it was stepping up its expansion despite a tough economic backdrop." Louis Vuitton lands in London (Guardian) "Welcome to the new Bond Street palace of Louis Vuitton, which takes the dark art of luxury retail to a new level. For starters – despite the racks of handbags, luggage and clothes – this flagship, which opens to the public on Friday, is not – repeat not – a shop." The Japanese love affair with fast fashion (Philippine Star) "The aggressive marketing and advertising campaigns employed by the fast-fashion brands…

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