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Burberry Leans Into Local as Lockdowns Imperil October Turnaround

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Covid-19 dragged Burberry’s first-half results down, but the British luxury icon managed to post a profit for the six-month period while October sales signaled the green shoots of a turnaround. In a Nutshell: Burberry said it made “good strategic progress” in selling full-price products; expanding its leather goods assortment, which outperform its average retail comp;…

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