Burberry's new designs prove a hit, make up for Hong Kong woes

(Reuters) - British luxury brand Burberry said on Thursday the popularity of collections by its new chief designer Riccardo Tisci helped the group make up for lost sales in Hong Kong in the first half and it was sticking with year-end targets.Chief Executive Marco Gobbetti is moving Burberry further upmarket in the luxury segment and Tisci came on board last year. His designs now account for 70% of the products in store.Gobbetti said Burberry remained on track to deliver the first phase of his..