Luxury brand Burberry warns coronavirus is hurting demand - business live

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Rolling coverage of the latest economic and financial news, as Burberry becomes the latest firm to warn on the impact of coronavirus on its business

European markets are back in the red after a bounce yesterday: FTSE 100 down -0.2% French CAC 40 down -0.1% German DAX down -0.3% Spain’s IBEX down -0.25%.

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I have zero sympathy....... their products don't cost that much to produce....... they've been squeezing 2000% out of the market in Britain for 20 years.... before they set sail for China ..... where they sell their products at the right price for we British !

Ohh I’ve burst in to tears

good

The truth of capitalism. What goes around comes around.

it's also killing people, or has burberry missed that

Boo-hoo! Didn't take long for the capitalists to start complaining about profits when hundreds are dying.

Diddums

People are dying! They are worried about sales!

this is what happens when we groom a population to believe that greed and consumerism are the only reason we exist

agenda 21 - 2030 no rights no property ownership more taxes planned eliminate poverty means eliminate the poor 2021 meant 21st century. all a cover

Any disruption in the chain of supply is tragic, the bank didn't receive cash, and failed to send it down the row. The workers didn't get paid, failed to pay mortgages, so on. The stores didn't pay rent on the buildings. There's so much cash on hands, everyone is interconnected.

China is running concentration camps. Would you sell handbags to the nazis? UyghurGenocide CloseTheCamps

Are you serious?!?! Rich people whining about losing profits while people have lost their lives!! Shut up Burberry !!!

Since when is that a luxury brand ?

You mean the millionaires and billionaires have got coronavirus 🙄

Sure and smallpox took out Woolworths

Poor Burberry 😢

Good

First world problems.

Diddums People are dying

course it is , is it time to announce performance?

“Hurting demand”, that’s very serious, isn’t it. Thank goodness we have the perpetually ‘woke’ and super-intelligent fashion industry to instruct us as to where our medical and ethical priorities should lie.

Bastard Virus! Preventing them from consuming & no doubt producing product.

Oh no, my profits.....

People are dying.

Yes, a warm coat prevents illness.

Yeah never mind the people dying let’s worry about the sales of your over priced tat!

Diddums.Always profit before people with big business.

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