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News briefs

Burberry, Nordstrom, stocks and Neiman Marcus – News briefs

September 12, 2012

 

Today in luxury marketing:

Burberry profit warning rocks luxury sector
Burberry issued a surprise profit warning on Tuesday, Sept. 11 and reported its worst same-store sales figures since the financial crisis, raising concerns about a slowdown in the luxury sector where companies are feeling the pangs of a decelerating China and macroeconomic uncertainty worldwide, reports the Wall Street Journal.

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