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Burberry makes good start to new fiscal year

The luxury British fashion house has seen strong recovery in the first quarter of the 2022 financial year, with comparable store sales now in line with pre-Covid-19 trading despite a continuing challenging environment.

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Burberry’s sales decline 9% in third quarter

Retail comparable store sales for the British fashion brand declined 9% as planned reductions in markdown and reduced tourist traffic in outlets are reported to have offset high single-digit full-price sales growth.

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Burberry posts growth in leather goods category

Reporting its interim results for the 26 weeks ended September 26, 2020, the British fashion brand said it was “encouraged” by its overall recovery and the strong response to its brand and product, particularly among new and younger customers.

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Burberry’s sales decline 45% in first quarter

Comparable sales for the British luxury brand declined 45% in the first quarter, easing to -20% in June. Growth in Mainland China and Korea in June was allegedly ahead of pre Covid-19 levels, with sales of full-price leather goods up strongly in these regions.

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