Burberry Sales: US Decline, Muted China Rebound (Video)

Burberry Group Plc sales growth suffered from a decline in sales from the Americas and a smaller-than-expected rebound in China. Revenue from the Americas dropped 8% at comparable stores on a constant exchange rate basis in the 13 weeks ended July 1, the British company said Friday. Bloomberg Intelligence’s Deborah Aitken has the details.

(Bloomberg) — Burberry Group Plc sales growth suffered from a decline in sales from the Americas and a smaller-than-expected rebound in China. Revenue from the Americas dropped 8% at comparable stores on a constant exchange rate basis in the 13 weeks ended July 1, the British company said Friday. Bloomberg Intelligence’s Deborah Aitken has the details.

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