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Burberry laments the absence of travelling custom

The luxury goods company is experiencing a minor revival in Asia, but it is difficult to gauge the extent of pent-up demand
May 22, 2020

Burberry’s (BRBY) annual profits were smashed by a £241m charge relating to the outbreak of Covid-19. Half of the luxury goods group’s stores around the world are closed, although sales since the start of April in mainland China and South Korea are already ahead of this point last year.

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