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Burberry shows new colours but warns of slowing demand

05/02/2024
Burberry shows new colours but warns of slowing demand

British luxury brand Burberry has warned that a slowing demand for luxury is affecting its sales. CEO Jonathan Akeroyd said it is in the early stages of a transition to a “new modern British luxury creative expression”. He added: “We experienced a further deceleration in our key December trading period and we now expect our full year results to...

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