Burberry weakened by wholesale concern

Shares in fashion house Burberry fell 7% today as it faced up to a soft UK market and warned of further revenues pressure at its wholesale arm.

Burberry weakened by wholesale concern

Shares in fashion house Burberry fell 7% today as it faced up to a soft UK market and warned of further revenues pressure at its wholesale arm.

The company, which yesterday named Angela Ahrendts as its new chief executive on a package worth up to $27.3m (€22.7m) over three years, said business in the UK had been affected by the July bombings in London.

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