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Burberry bounces back after 4% drop in sales over Christmas quarter

The Guardian on The Guardian
Burberry bounces back after 4% drop in sales over Christmas quarter



Relatively positive results are a ‘first (and early) step in the right direction’, analysts sayDavos day four live – latest updatesBurberry has recorded a 4% drop in sales over the Christmas quarter, but expects to recover from losses made in the first half of its financial year after a strong performance in the US.The fashion retailer’s shares rose by as much as 15% on Friday as it posted a fall in retail sales for the three months to 28 December, which was much better than the 12% drop analysts had expected. Continue reading…



Source link : https://www.theguardian.com/fashion/2025/jan/24/burberry-bounces-back-after-drop-in-sales-over-christmas-quarter

Author : Mark Sweney

Publish date : 2025-01-24 09:57:59

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Tags : The Guardian

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