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.


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...

Market voices on: