London-based luxury brand Burberry has reported revenues of £433 million for the first quarter of its current business year, the three months ending June 28, 2025. This is a fall of 6% compared to the same quarter a year earlier.

Chief executive, Joshua Schulman, said he had noted “strength in our core categories” and that there had also been “an uptick in brand desirability”.

He commented: “Although the external environment remains challenging and we are still in the early stages of our transformation, we are encouraged by the initial progress we are starting to see.”

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