, Burberry Struggles with Sales as Growth Slows
Burberry Group Plc, the U.K. largest luxury-goods maker, which had prospered in the last few years despite economic situation all over the world, has informed that this year’s profits will be disappointing just after big inauguration of its new high-tech, high-spec flagship store on London’s Regent Street. The Burberry’ full-year profit will be at the lower end of market expectations because sales growth slowed globally. Information resulted in sending Burberry’s shares down the most ever.
