7th Oct 2013 07:18
LONDON (Alliance News) - Burberry PLC Chief Executive Angela Ahrendts Monday warned that the slowdown in China may be the new reality rather than a temporary slowdown.
Ahrendts told French newspaper Les Echos that Burberry had done better than they expected in China even though its sales are slowing in the country, but cautioned that the slower growth in the country might be more entrenched than everyone thinks.
http://www.lesechos.fr/entreprises-secteurs/grande-consommation/actu/0203020042340-angela-ahrendts-burberry-est-le-groupe-de-luxe-le-plus-connecte-au-monde-614222.php
By Steve McGrath; [email protected]; @SteveMcGrath1
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