By  on January 14, 2016

LONDON — Burberry Group’s retail sales in the key third quarter fell short of the company’s expectations, remaining flat at reported rates and increasing one percent on an underlying basis.

Sales in the October to December period were 603 million pounds, or $917 million, in what chief creative and chief executive officer Christopher Bailey said was “a tougher environment than expected” for the luxury sector as a whole.

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