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Burberry to revamp retail setup following 10% profit fall

Published Wed, May 18, 2016 · 09:50 PM

London

BRITISH luxury brand Burberry said that it would overhaul its retail operations and simplify its product range after full-year profit fell 10 per cent in a tough market that is set to persist this year.

The group, famous for its trench coats, said that it expected profit to come in towards the bottom of market f…

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