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January 12, 2006
Burberry Sales Slide in Q3
Underlying wholesale sales at Burberry dipped 21% in the third quarter of 2005, leading to curbed expectations for the remainder of the year.
Despite this, underlying retail revenue notched up 11% during the same quarter, the British fashion house said.
Underlying sales refers to numbers that discount Burberry’s Taiwanese and Spanish business ventures, and strip out exchange-rate fluctuations.
Posted by Blacks on January 12, 2006 10:26 AM
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