Burberry sales boosted by US, while Iran war hits European spending
Burberry sales boosted by US, while Iran war hits European spending LONDON, July 17 (Reuters) - Burberry BRBY.L met analysts' expectations for sales growth in its April-June quarter thanks to strong spending in the U.S., while it said conflict in the Middle East impacted tourist spending in Europe.
Comparable store sales grew 5%, in line with analysts' expectations, while sales in the Europe and Middle East region fell 3%, the British luxury brand said on Friday.
(Reporting by Helen Reid and Yamini Kalia; Editing by Susan Fenton)
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