British firm Burberry Group reported a 22 per cent drop in Q1 FY25 retail revenue to £458 million (~$594.84 million), with comparable store sales down 21 per cent.
The company’s sales fell across all regions except Japan, where robust tourism spending led to a 6 per cent increase.
The Asia Pacific, Americas, and EMEIA regions saw significant declines.British firm Burberry Group reported a 22 per cent drop in Q1 FY25 retail revenue to £458 million (~$594.84 million), with comparable store sales down 21 per cent.
The company’s sales fell across all regions except Japan, where robust tourism spending led to a 6 per cent increase.
The Asia Pacific, Americas, and EMEIA regions saw significant declines.
