Burberry Falls Victim to Hong Kong Protests Eroding Sales
- Revenue in that market got cut in half amid store closures
- Concern rises about spread of new viral disease from China
Photographer: John Keeble/Getty Images
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Burberry Group Plc became the latest victim of the Hong Kong protests as sales in that market dropped by half over the Christmas quarter, while the spread of a new viral disease in Asia risks dimming the outlook further.