Burberry UK sales slump as Chinese shopping spree ends

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Stabilising pound deters bargain hunters, knocking sales at established stores down 8%

Burberry has reported a slump in sales as a luxury tourism shopping spree in the UK comes to an end.

The British brand known for its trenchcoats said sales at established UK stores were down by about 8% in the three months to 31 December, largely because of a drop in the number of high-spending visitors from China.

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Source: china
Link : Burberry UK sales slump as Chinese shopping spree ends

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