July 15, 2020 / 6:15 AM / in 25 days

Burberry's first-quarter like-for-like sales drop 45%

LONDON, July 15 (Reuters) - British fashion brand Burberry said on Wednesday that demand was severely impacted by COVID-19 in the first quarter, with comparable sales falling 45%, although the decline eased to 20% in June driven by growth in mainland China and South Korea.

Analysts had expected first-quarter like-for-like sale to fall 49%, according to a company-compiled consensus. (Reporting by Paul Sandle; editing by Sarah Young)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below