UK’s Burberry reports 22% YoY revenue drop to $1,380 mn in H1 FY25

Burberry Group Plc has reported a revenue of £1,086 million (~$1,380 million) for the 26 weeks ended September 28, 2024, a 22 per cent YoY drop.
Adjusted operating profit declined to a £41 million (~$52.07 million) loss.
Retail sales fell 20 per cent, with notable declines in Asia Pacific and the Americas.
Comparable store sales in EMEIA declined by 13 per cent, and in Americas by 21 per cent.