Burberry ‘encouraged’ by recovery despite sales slide

Burberry London

Burberry has recorded a sharp drop in profits and sales amid the pandemic, but has seen shoots of recovery in certain regions.

The luxury fashion house saw its adjusted operating profits drop 75% to £51m in the 26 weeks to September 26, as its stores closed across the world.

This was compared with profit of £203m the previous year.

 

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