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Burberry, Saks Fifth Ave, Audi, Farfetch and Depop

In spite of COVID-19, Burberry completed the objectives it set for the period. Image credit: Burberry

 

Luxury Daily’s live news for June 2:

Burberry sees $3.3B in FY21 revenue
British fashion house Burberry has reported only a 10 percent decrease in revenue for its fiscal year ending March 27, 2021, mostly due to store closures and reduced tourism caused by the COVID-19 pandemic.