British luxury brand Burberry warns profit will be at lower end of forecasts

“As we stated in July, the external environment is becoming more challenging,” Chief Executive Angela Ahrendts said in a statement. “In this context, second quarter retail sales growth has slowed against historically high comparatives.”

The maker of raincoats in distinctive camel, red and black check pattern said second quarter retail sales were up 6 percent in the 10 weeks to Sept. 8, entirely underpinned by new space, with comparable store sales unchanged year-on-year.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	Startup BrandBounty seeks to enlist users of smartphones to battle piracy

NEXT ARTICLE
US Treasury says US$18 bil. AIG bailout to be 'fully recovered'

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit