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https://www.oann.com/sparkle-fades-as-coronavirus-risks-wiping-out-luxury-goods-growth/ https://archive.is/wip/uydpP Sparkle fades as coronavirus risks wiping out luxury goods growth | One America News Network Published on Sun, 02 Feb 2020 19:00:00 GMT Read time: 3 minutes (688 words) > Burberry was the latest big brand to warn of a hit to demand on Friday, withdrawing its financial guidance for 2020 and saying it had closed more than a third of its stores in mainland China. “The shortfall is around 12 billion euros and the risks is to de facto ‘skip’ a year,” he said, forecasting a 35% decline in Chinese luxury spending in the first quarter. #OneAmericaNewsNetwork #Italy #UnitedAirlines #China #AmericanAirlines #LouisVuitton #Europe #HongKong #USA #News #PublishedOn200202

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