By  on May 26, 2011

LONDON — With emerging markets such as China, the Middle East and Latin America continuing to blossom, Burberry Group plc is turning its attention to more mature ones — and in particular to its hometown of London.

On Thursday, as the company reported record profits and double-digit revenue growth across all regions and product categories for the year ended March 31, Burberry laid out plans to upgrade its store network in markets such as London, Hong Kong and Chicago.

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