Burberry has reported slowing sales growth in its latest financial quarter as the impact from Covid-19 restrictions persisted even as sales remained at just above pre-pandemic levels.
The luxury fashion retailer said that total revenues for the 26 weeks to 25 September were £1.2bn, up 38% year on year. However, like-for-like store sales rose by only 6% year on year in the second half of that period.
Shares slumped by 5%, making it one of the biggest fallers on the FTSE 100 on Thursday morning.
The
Read more on theguardian.com