Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
Burberry hit by US slowdown ahead of executive reshuffle at the firm
Group comparable sales up 2% in Q4, below analysts' average forecast of 4% and previous quarter's 3%
The slowdown at Burberry, known for its classic trench coats, comes as the group embarks on a managerial and operational restructuring designed to bring its sales performance up to the levels of rivals.
PHOTO: AFP
London
BRITISH luxury brand Burberry on Wednesday reported a slowdown in quarterly sales growth as tough trading in the United States checked recent gains driven by a weaker pound and showed the problems facing its new chief executive.
Shares in the fashion house, led by designer
To continue reading
Need help?
CALL +65 6388 3838 EMAIL btocs@sph.com.sg
