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Mulberry profits-warning sends shares plunging


Mulberry profits-warning sends shares plunging (via AFP)

British luxury handbag maker Mulberry on Tuesday warned that its annual profits would fall this year amid Asia’s economic slowdown, lower sales and higher costs, sending the sector’s shares tumbling. Mulberry’s update followed a similar shock profits-warning by British rival Burberry last month, which…



Mulberry profits-warning sends shares plunging Reviewed by on . Mulberry profits-warning sends shares plunging (via AFP) British luxury handbag maker Mulberry on Tuesday warned that its annual profits would fall this year am Mulberry profits-warning sends shares plunging (via AFP) British luxury handbag maker Mulberry on Tuesday warned that its annual profits would fall this year am Rating: