Burberry warns on profits as global demand for luxury slows


Burberry has warned that the global slowdown on demand for luxury is having an impact on current trading and will affect its profit guidance for the full year if it continues.

For the 26 weeks to September 30, 2023 Burberry reported a 15% slump in reported operating profit to £223m and a 6% dip in adjusted operating profit to £223m.

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