Luxury lull hits Burberry
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Financial Times
0 Views • Mar 04, 2019
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Shares in Burberry lost a fifth of their value this morning after the British luxury brand released a surprise trading update showing flat sales. There was little detail to explain the dip. Lex's Julia Grindell and Oliver Ralph discuss what could be behind the lull in luxury.
Relate article: http://www.ft.com/cms/s/0/6cbdcb64-fbda-11e1-af33-00144feabdc0.html
For more commentary from the Lex team, visit http://www.ft.com/lex
http://www.FT.com/
Shares in Burberry lost a fifth of their value this morning after the British luxury brand released a surprise trading update showing flat sales. There was little detail to explain the dip. Lex's Julia Grindell and Oliver Ralph discuss what could be behind the lull in luxury.
Relate article: http://www.ft.com/cms/s/0/6cbdcb64-fbda-11e1-af33-00144feabdc0.html
For more commentary from the Lex team, visit http://www.ft.com/lex
http://www.FT.com/
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