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 ยฃ410m to ยฃ460m, compared to the previous expectations of between ยฃ552m to ยฃ668m
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.ย
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