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UK: Burberry warns of FY currency headwinds hit

2014-07-11 14:17:00| Daily apparel & textile news and comment - from just-style.com

British luxury brand Burberry has warned that exchange rates could weigh on full-year profit, despite booking a double-digit increase in first-quarter retail sales.

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Led by Chinese buyers, U.S. housing sales to international clients hit $92 billion

2014-07-11 09:13:53| Real Estate - Topix.net

Overseas buyers and new immigrants accounted for $92 billion worth of home purchases in the U.S. in the 12 months ended in March, according to a study from the National Association of Realtors.

Tags: international sales hit led

 
 

Markets hit by Portuguese bank fears

2014-07-10 16:11:09| BBC News | Business | UK Edition

Stock markets in Europe and the US fall sharply over concerns about the health of one of Portugal's biggest banks.

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FRANCE: Languedoc vineyards take EUR80m hit from hailstorm

2014-07-10 13:41:00| Daily beverage news and comment - from just-drinks.com

The cost of hailstorm damage to vineyards in the Languedoc region of southern France, in terms of lost production, could total EUR80m (US$108.9m), according to trade body sources.

Tags: france hit languedoc vineyards

 

Burberry warns of exchange rate hit

2014-07-10 09:31:13| BBC News | Business | UK Edition

Burberry, the UK luxury fashion brand, announces a strong rise in sales but warns that profits could be hit by unfavourable exchange rates.

Tags: rate hit exchange warns

 

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