Underlying sales growth slows at Burberry

Underlying revenue growth at luxury brand Burberry eased in the fourth quarter owing to a slowdown in growth at its Wholesale division.

Underlying revenue growth at luxury brand Burberry eased in the fourth quarter owing to a slowdown in growth at its Wholesale division.

Total revenue grew to £1,027m in second half ended March 31st, from £877m in the same period the year before and up 18% on an underlying basis. However, in the third quarter alone, underlying growth was 21%.

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