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By Amber Murray Last week, it was reported the luxury brand Burberry was set to slash hundreds of jobs after a dramatic fall in profit. But this time last year, the company had just reported a bumper set of results for the first quarter of its 2023 financial year. Burberry shares jumped around six per cent in mid-July 2023 when it said sales for the first quarter had grown 18 per cent. Since then, the company’s share price has fallen 57 per cent, profit has plunged and debt has more than doubled. So how did we get here? Burberry blamed the problems on London’s tourist tax and slower global dem…

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