General · 16 May 2026

Burberry sales down 2% in Europe

Hopes for recovery in the $400 billion luxury market are dashed by global travel disruptions and rising living costs. This has squeezed profits and deepened a downturn for luxury brands, including Burberry. Burberry's sales in its Europe, Middle East, India, and Africa region dropped 2% in the fourth quarter, impacted by the Iran war and weaker tourism.

By BriefTea Editorial · 16 May 2026 at 7:21

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