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Burberry’s profit slumps by a third as sales in China plunge | CNN Business
CNN.com· 3 hours agoLondon — British luxury brand Burberry has reported a 34% drop in annual profit after sales fell...
Burberry Sales Tumble as UK Label Warns of Challenging Times
Bloomberg· 11 hours agoHave a confidential tip for our reporters? Burberry Group Plc warned of a challenging first half...
Burberry’s profits plunge as sales slump on slowing luxury demand
Market Watch· 8 hours agoBurberry on Wednesday said the slowdown in the luxury goods market hit its sales in the final...
Burberry Sales, Profits Fall in Hard Times for Luxury
WWD via Yahoo Finance· 10 hours agoLackluster demand in China and the U.S. dented Burberry’s fourth quarter and fiscal full-year...
Burberry Sales Fell 12 Percent in Early 2024
The Business of Fashion· 8 hours agoBurberry’s revenues were flat excluding currency shifts in the twelve months through March 30, the British luxury brand said Wednesday. Sales dropped 12...
Burberry debts more than double to £1.1bn as it hits out at tourist tax
The Telegraph via Yahoo Finance· 7 hours agoBurberry’s debt pile has more than doubled over the past year as the British fashion house warned...
Burberry looks to classics after Lee's designs struggle to excite
Reuters via Yahoo News· 11 hours agoLONDON (Reuters) -Burberry said on Wednesday it would increase its focus on classic designs like...
Looks Like Daniel Lee's Revamp of Burberry Isn't Going Well
Fashionista via Yahoo Finance· 2 hours agoAkeroyd joined Burberry in the spring of 2022 from Versace, where he oversaw its sale to Michael...
Burberry follows Gucci-owner Kering on downward sales trend as consumers snub mid-market luxury...
Fortune· 8 hours agoComparable store sales in the quarter ended in March fell 12% from a year earlier, Burberry said in a statement Wednesday, in line with the expectations of analysts. The British ...
Burberry Is Expecting Lowest Sales Report This Year, Amid Efforts to Reinvigorate Its Label
HYPEBEAST· 1 day agoBurberry is expected to report its worst financial results of the year in the fiscal fourth quarter...