May 23, 2013

Mulberry goes out of fashion as shares fall 15 percent

Mulberry’s share price fell by as much as 15 percent on Friday as the fashion house issued a profit warning:

‘Retail sales over the Christmas period were generally in line with expectations.However trading across the retail portfolio during the last 10 weeks has been disappointing, including a reduction in tourist spending in the London stores.’

News Source: DailyMail

 

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