British brand Burberry reported an increase in sales amid strong demand in China. The company's shares in London have risen 28% so far this year. President and CEO Joshua Shulman has been overseeing a transformation plan since taking the job over a year ago. Earlier this year, Burberry announced its plans. Adjusted operating profit for the first half was 19 million pounds ($25 million), reversing a loss of 41 million pounds last year. Burberry Group said on Thursday that like-for-like sales in stores in the quarter ended September rose 2%, compared with analyst expectations for a 0.6% increase.
