Profit warnings also hit fashion reta...

Profit warnings also hit fashion retailers

Posted in the Business News Forum

Since: Jan 13


#1 Feb 20, 2013
international newport fashion group madrid, designers warning Profit warnings also hit fashion retailers

Profit warnings have made to the news since the very beginning of the year, and the fashion and luxury industries have been no exception to this trend. French Connection, Esprit, Burberry, Mulberry… all of them have seen their business and stocks tumbling after issuing profit warnings in the past months.

2012 will be recorded as the worst year for UK-listed companies since the height of the financial crisis, as, according to data compiled by the quarterly Ernst & Young report on profit warning, there were 287 profit warnings in 2012.

Since: Jan 13


#2 Feb 20, 2013
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