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Burberry Group PLC shares fell on Thursday, after the British fashion house said it is unlikely to achieve its annual revenue guidance amid a slowdown in luxury demand globally. Burberry shares were...
Burberry will struggle to meet its annual revenue forecast of low double-digit growth after a global slowdown in luxury spending, it said as it reported a sharp slowdown in sales growth.
Revenues rose 4% during the 26 weeks to 30 September, to £1.4 billion, as sales trekked lower across all of its markets.
Jonathan Akeroyd tuned into the latest series of The Crown with a degree of apprehension, but it was not the spectacle of Charles and Diana’s failing marriage t
Group points to global slowdown in luxury demand