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Burberry Says Revenue Target Under Threat Amid Luxury Slump

Posted

November 16, 2023

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Burberry Group Plc warned that weaker demand may make its sales forecast impossible to hit and earnings would probably be at the lower end of its guided range due to the slowdown in luxury demand. Sophie Lund-Yates, lead equity analyst at Hargreaves Landsdown, examines the results on “Bloomberg Surveillance.”

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Burberry Group PlcSophie Lund-YatesHargreaves LandsdownBloomberg SurveillanceFollow BloombergTwitter Facebook Instagram

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Burberry Says Revenue Target Under Threat Amid Luxury Slump · Bloomberg Television · Sentinel