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Evening Standard
Evening Standard
Alex Daniel

Burberry sales expected to fall again amid luxury market slowdown

Burberry Luxury Joshua Schulman Michael Hewson Moncler
Burberry profits fell 40% last year amid inflation and increases in the cost of living (PA) -

Burberry sales are expected to fall by about one-fifth next week, as the struggling fashion retailer continues facing a slowdown in the luxury market amid reports of a possible takeover.

The company, which recently dropped out of the FTSE 100 because of its declining share price, will announce its first half results on November 14.

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