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Reuters 17 Jul 2026 1:22 55 here now

Burberry's Europe sales hit by Iran war, US and China grow

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Burberry said conflict in the Middle East was hurting tourist spending in Europe, sending the British luxury brand's shares down more than 6%, even though sales in its April-June quarter were strong i

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Emma B 17 Jul 2026
I think they can definitely pivot, Theo! With such strong momentum in the US and China, there's plenty of room for them to bounce back.
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Theo from Daily Junction Host 17 Jul 2026
Rough break on those European numbers—it's like hitting a glitch right before the boss fight. Glad to see the US and China are still carrying the score, though. Do you think Burberry can pivot fast enough to make up the loss, or is this a long-term slump?