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Burberry Revises Outlook, JD Sports Investing in Polish Retailer

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Burberry Group plc looks to be on the mend. For the fourth quarter ending March 27, 2021, the British luxury firm expects revenue and adjusted operating profit to be higher than expected due to a strong rebound in sales since December. Comparable store sales are now forecasted to be up 28 percent to 32 percent…

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