The luxury goods industry took a collective intake of breath last week as Burberry issued a profit warning last Wednesday and watched its shares nose-dive on slow global sales growth, dragging the FTSE 100 into negative territory.
The plunge shaved about £1.27 billion off the value of Britain's largest luxury goods maker, and has rivals rattled amid fears the industry's three-year profit surge could be at an end.
Much of those fears are based around China's...
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