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Sales at UK luxury group Burberry seen plunging 80% over coronavirus

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Britain's Burberry warned that sales in the final weeks of March would plunge by around 70 per cent to 80 per cent compared to last year, as coronavirus caused shops to shut and demand for luxury goods to dry up.

[LONDON] Britain's Burberry warned that sales in the final weeks of March would plunge by around 70 per cent to 80 per cent compared to last year, as coronavirus caused shops to shut and demand for luxury goods to dry up.

Burberry said on Thursday it expected sales at comparable retail...

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