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Burberry s Endless Luxury Turnaround Is a Very British Problem

Burberry s Endless Luxury Turnaround Is a Very British Problem
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Burberry slumps after profit warning on wilting luxury sales

Burberry Group Plc slumped after the UK trenchcoat maker slashed its profit forecast, a fresh sign that demand for luxury goods, particularly in the United States, is waning. The British retailer wiped nearly £100 million ($128 million) off its profit outlook in the starkest sign yet that after an unprecedented…

Burberry Warns Luxury Slump Puts Revenue Target Under Threat

Burberry Warns Luxury Slump Puts Revenue Target Under Threat
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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