Burberry's first-quarter like-for-like sales drop 45%
LONDON, July 15 (Reuters) - British fashion brand Burberry BRBY.L said on Wednesday that demand was severely impacted by COVID-19 in the first quarter, with comparable sales falling 45%, although the decline eased to 20% in June driven by growth in mainland China and South Korea.
Analysts had expected first-quarter like-for-like sale to fall 49%, according to a company-compiled consensus.
(Reporting by Paul Sandle; editing by Sarah Young)
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