Thu, 13th May 2021 07:10
LONDON, May 13 (Reuters) - British luxury brand Burberry
on Thursday reported a 10% drop in sales for the year
to end-March, weighed down by the COVID-19 pandemic, but said
its recovery from the crisis accelerated through the year.
The label, known for its trench coats, check fabric and TB
monogram, saw a strong rebound in sales in Asia in its final
quarter, offsetting some of the hit from continued COVID-related
store closures in Europe.
(Reporting by James Davey; editing by Michael Holden)
(Correcting day of the week in the opening sentence.)
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