British Luxury Brands Fall Below The Issue Price

The global economic downturn has weakened the demand for luxury goods, which has just announced its latest profit forecast, which has been cut by half of analysts' expectations.

And it has to slow down its branches.

Their products include men's wear and children's wear, and Burberry's handbags, scarves, feather decorations and perfume.

The company has branches in Europe, the United States and Japan, and many other OEM factories.

The demand for luxury goods has been significantly reduced as the economy has shrunk and the market has been volatile. Even the wealthiest consumers have cut their spending. The same conclusion can be drawn from the recent decline in jewelry business Bulgari SpA and luxury retailers PPR.

John Guy, an analyst at MF Global Securities in London.

He suggested buying Burberry's stock.

Because next, Burberry may use traditional British style to stimulate sales.

In order to attract customers, it will also speed up the development and production of new products on the basis of traditional grid patterns.

CEO Angela Ahrendts says the product under design is called "heavy weapons".

"At the same time, I never felt so optimistic about the company's future," Angela Ahrendts said.

Stacey Cartwright, chief financial officer, disclosed the news to magazine editors.

And she added that the company's most expensive products are still on sale.

It plans to increase sales by 10 percentage points in five years.

It will put more advertising budgets on the Internet, because compared to magazine ads, celebrities on the Internet will remain forever.

The style of the coat is created by Burberry, which is the image of a detective in a novel, or the role of a melancholy movie.