Mulberry, Burberry Lag in Luxury on Sales, Profit

The transcript discusses the challenges faced by luxury brands like Mulberry, Burberry, and Jimmy Choo. Mulberry's strategic missteps in pricing led to a loss of its core consumer base. Burberry, despite strong sales, faces market headwinds, particularly from China. The luxury market is becoming more competitive, with brands needing to innovate and adapt to changing consumer preferences. Jimmy Choo's market entry is analyzed, highlighting the challenges and opportunities in the current luxury landscape.

What are the potential consequences of the current market conditions for brands like Burberry?

How does the text describe the competition in the luxury handbag market?

What does the text suggest about the future of Jimmy Choo in the luxury market?