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Feb. 8, 2026
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Retail

Burberry lowers outlook over store closures in China due to coronavirus

February 7, 2020

Burberry's structured TB bag was reimagined for 2020 Chinese Lunar New Year in vibrant shades of red – a symbol of joy, vitality and prosperity in China – complete with its Thomas Burberry Monogram clasp. Image credit: Burberry Burberry's structured TB bag was reimagined for 2020 Chinese Lunar New Year in vibrant shades of red – a symbol of joy, vitality and prosperity in China – complete with its Thomas Burberry Monogram clasp. Image credit: Burberry

 

By Dianna Dilworth

Burberry has closed 24 of its 64 stores in mainland China and the remaining shops have cut hours and see major declines in traffic, having a negative impact on the British fashion label’s retail sales in the coronavirus-plagued country and its Hong Kong special administrative region.

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  1. Ralph Lauren, Burberry among Lyst Index’s top Q4 risers
  2. Champagne Telmont earns Regenerative Organic certification
  3. Estée Lauder Companies raises full-year outlook
  4. IHG dedicates new ‘Fancierge’ experiences to rugby fans
  5. Off the Cuff: A Q&A with Wheels Up’s George Mattson
  6. Aston Martin loops Breitling in as global watch partner
  7. Kering Generation Award X Jewelry returns
  8. Qatar Airways, Art Basel kick off partnership in Doha
  9. Versace hires Pieter Mulier as chief creative officer
  10. Balenciaga releases Valentine’s Day capsule
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Champagne Telmont earns Regenerative Organic certification
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Ralph Lauren, Burberry among Lyst Index’s top Q4 risers
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