Luxury
Burberry Reports Decline in Underlying First-Half Revenue
A sharp drop in sales in the U.S. and Hong Kong yanked Burberry Group PLC’s first-half revenue lower, hammering shares, as outgoing Chief Executive Christopher Bailey continued to face challenges in turning around the British luxury house’s fortunes. Burberry has reported “uneven” demand from shoppers in the U.S. for a…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Wall Street Journal