Burberry warns of sales slowdown

Press Association
Burberry
Burberry

The rampant growth at Burberry showed signs of wavering as the luxury fashion house warned its profits would be at the bottom end of expectations.


The group, which has 196 retail stores, 207 concessions, 48 outlet shops and 58 franchise stores worldwide, said like-for-like sales ground to a halt in the 10 weeks to September 8 and have started to fall over recent weeks. Total sales including new space were up 6%.
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