Stabilising pound deters bargain hunters, knocking sales at established UK stores down 8%
Burberry has reported a slump in sales as a luxury tourism shopping spree in the UK comes to an end.
The British brand known for its trenchcoats said sales at established UK stores were down by about 8% in the three months to 31 December, largely because of a drop in the number of high-spending visitors from China.
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