Burberry makes outerwear, accessories like umbrellas, and children's clothing, which is called a related diversification strategy.

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An example of a related diversification strategy is the famous British raincoat maker Burberry.It started by making and marketing outerwear clothing but since then has expanded into related business lines, including accessories such as umbrellas, children's clothing, and even fragrances, which it sells in its own stores.

Burberry Makes Outerwear, Accessories Like Umbrellas, and Children's Clothing, Which