Advertisement
UK markets close in 9 minutes

  • FTSE 100

    8,139.48
    +60.62 (+0.75%)
     

  • FTSE 250

    19,828.44
    +226.46 (+1.16%)
     

  • AIM

    755.01
    +1.89 (+0.25%)
     

  • GBP/EUR

    1.1662
    +0.0005 (+0.04%)
     

  • GBP/USD

    1.2452
    -0.0059 (-0.47%)
     

  • Bitcoin GBP

    51,174.39
    +165.05 (+0.32%)
     

  • CMC Crypto 200

    1,329.89
    -66.65 (-4.77%)
     

  • S&P 500

    5,096.28
    +47.86 (+0.95%)
     

  • DOW

    38,157.02
    +71.22 (+0.19%)
     

  • CRUDE OIL

    83.60
    +0.03 (+0.04%)
     

  • GOLD FUTURES

    2,345.60
    +3.10 (+0.13%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,163.15
    +245.87 (+1.37%)
     

  • CAC 40

    8,096.29
    +79.64 (+0.99%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Burberry's second-half sales fall in challenging luxury market

Reuters - UK Focus

LONDON, April 14 (Reuters) - British luxury fashion brand Burberry said its second-half sales were hit by a drop in tourist spending in Continental Europe and weak demand in Hong Kong, and it expected the tough conditions in the sector to persist, impacting profit this year.

The company reported revenue of 1.41 billion pounds ($1.99 billion) for the six months to end-March on Thursday, down 1 percent on an underlying basis.

It (Other OTC: ITGL - news) said adjusted profit before tax would be broadly in line with analysts' expectations, which range from 401 million to 443 million pounds, but the group was not optimistic for the full year, forecasting profit towards the bottom of forecasts.

($1 = 0.7077 pounds) (Reporting by Paul Sandle; editing by Jason Neely)