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Burberry Americas Slowdown Sours China Rebound

Shares fell 6 percent after deteriorating sales in the Americas overshadowed a resurgence in Chinese demand. The British megabrand is in the midst of a transformation under CEO Jonathan Akeroyd and designer Daniel Lee.
Shares fell 6 percent after deteriorating sales in the Americas overshadowed a resurgence in Chinese demand.
Shares fell 6 percent after deteriorating sales in the Americas overshadowed a resurgence in Chinese demand. (Burberry)

Burberry Group Plc shares fell 6 percent after a slow down in the Americas overshadowed a rebound in China as the country reopened after the pandemic.

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