Burberry’s sales growth slows to 1% as COVID in China weighs By Reuters


© Reuters. A Burberry store is seen in London, Britain, January 16, 2023. REUTERS/Peter Nicholls

LONDON (Reuters) – British luxury brand Burberry’s like-for-like sales growth slowed sharply to 1% in the quarter to end-December as COVID-19-related disruption in mainland China offset a stronger performance in Europe.

Analysts were expecting a 2% rise, according to a company-supplied consensus.

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