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Burberry reports slow sales growth as Covid impact persists
Luxury fashion retailer blames coronavirus restrictions in Asia-Pacific region for sales difficulties
Burberry has reported slowing sales growth in its latest financial quarter as the impact from Covid-19 restrictions persisted even as sales remained at just above pre-pandemic levels.
The luxury fashion retailer said that total revenues for the 26 weeks to 25 September were £1.2bn, up 38% year on year. However, like-for-like store sales rose by only 6% year on year in the second half of that period.
Read the original article at The Guardian