Burberry shares take pounding as company issues profit warning
September 11, 2012
After Burberry issued a stock warning yesterday, the fashion company’s share price was down no less than a whopping 18 per cent this morning.
Why? The Financial Times blames the slowdown in China. And something else:
Posted in: Infographic of the day, News“China effect or global tartan saturation? We can’t help thinking its probably a bit of both.”