China slowdown puts investors on edge over luxury goods – Analyst

Slowdown in China doesn’t seem to be hurting Burberry. The luxury goods group is maintaining its full-year guidance this morning after beating analysts’ forecasts with an 18% rise in Q1 sales. But it’s still expecting first-half profit to be lower than last year. But ETX Capital’s Mark Priest says be cautious – Burberry is still vulnerable

 

 

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