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Luxury Goods

Burberry sales decline slows as turnaround plan takes effect

Burberry stated that the growth in the first quarter was driven by greater desirability for the brand and outperformance in outwear and scarves, as well as improved conversion

Burberry has revealed that its revenue fell 6% to £433m in the 13 weeks ended 28 June, as the brand stated it was seeing “early progress” on its turnaround plan.

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