• 11/29/2024

Burberry Warns of Profit Hit as Luxury Demand Slows

Wall Street Journal

Burberry said the global slowdown in luxury demand was hurting its performance and that it is unlikely to achieve its guidance if the trend continues, despite beating market expectations for the first half of its fiscal year.

https://www.wsj.com/articles/burberry-warns-of-profit-hit-amid-slowdown-in-luxury-demand-d35196c6