Luxury GoodsNews
Burberry lowers full-year guidance amid luxury demand slowdown
The British retailer now expects adjusted operating profit for the financial year ending 30 March 2024 to be in the range of £410m to £460m, compared to the previous expectations of between £552m to £668m
Fashion retailer Burberry has today (12 January) warned that its full-year results will be below its previous guidance after a slowdown in luxury demand.
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