Burberry Group reported on Monday retail revenue of £458 million ($594 million) for the 13 weeks ended June 29, compared to £589 million last year, and announced a new chief executive. Comparable store sales were down 21% for the period. The British luxury group noted that if the slowdown trend continues through the current quarter, it expects a first-half operating loss, and fiscal 2025 operating profit to be below current consensus. The group anticipates wholesale revenue to decline by around 25% in first half and decline by around 30% for the full year. “Our first quarter performance is dis…