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Nov. 15, 2024
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Apparel and accessories

UK’s Burberry sees 57pc slump in annual profit as pivot to leather goods and accessories is on

May 22, 2020

Burberry's limited-edition mini TB bag, created by chief creative officer Riccardo Tisci and available only for 24 hours May 17 on Instagram. Image credit: Burberry Burberry's limited-edition mini TB bag, created by chief creative officer Riccardo Tisci and available only for 24 hours May 17 on Instagram. Image credit: Burberry

 

By Luxury Daily News Service

British fashion brand Burberry caught the after-effects of the COVID-19 lockdowns at the tail end of its fiscal year 2020, reporting a 3 percent drop in revenue to $3.21 billion.

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