Burberry
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Burberry profit warning signals luxury sales slide
Sep 11, 2012
Weeks of flat store sales at the high-end British clothier could be a sign that China's economic slowdown and Europe's debt crisis are ending a nearly three-year boom in demand for luxury goods.
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Poor Burberry earnings point to problems for luxury market
Sep 11, 2012
Shares of Burberry are down more than 18 percent this morning. The luxury retailer slashed profit forecasts and warned that the luxury goods market is headed for hard times.
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