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Burberry sales expected to slip

Burberry is expected to announce slowing sales when it posts its interim results on Thursday (October 15), dragged down by China’s currency crisis.

Sales growth is expected to have slowed to around 5% compared with 9% growth during the last full year, the Daily Mail has reported.

First-half sales are expected to be up 5% to £1.2bn. However, analysts warned full-year profit forecasts could be downgraded.

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