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Burberry says being hit by slowdown in luxury spending By Reuters

by Index Investing News
November 16, 2023
in Stocks
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© Reuters. A Burberry store is seen in London, Britain, January 16, 2023. REUTERS/Peter Nicholls/File Photo

LONDON (Reuters) – Britain’s Burberry said it was being hit by a global slowdown in luxury spending, and if it continued it was unlikely to meet its revenue forecast of low double-digit growth for its current financial year, with a knock-on impact on profit.



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