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The only reason that sheds light on this is the current European crisis. Burberry even though making great inroads into China, is still very much a European brand and any bad happenings in Europe will definitely have a spillover for any luxury brands. Hence I believe the investors are more than concerned about the European affairs are being run and this give the investors a run for their money. Already Greece is said to be in tantrums as it is yet to pass the austerity measures that will be required for it to receive the next tranche of the EU Bailout. These tranches are important as they will allow the country to make the debt servicing payments that are due by the 15th of December.  However it seems that the protests and the people on the streets spell otherwise. Moreover a government change has already been affected shedding light on how bad the situation really is. The Greek government is already contemplating layoffs and has increased the retirement age and this is not going down well with people who have taken to the streets (Haan 2003, 165).

Not only is Greece is in trouble but there are other countries in Europe as well that are going through a similar mess. Countries such as Britain itself, Spain, Italy and Portugal are all suffering through mounting debts and are teetering on default (Koch 2011, 215). The latest country that has come in the spot light is Italy which has also seen a government change. Moreover, Spain and Portugal are both being closely watched. However It is Italy that is important as of now as it is a relatively large economy than other countries and is in fact one of the top ten economies of the world .

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唯一的原因,揭示了这是当前欧洲危机。巴宝莉即使使伟大的进军中国,很大程度上仍然是一个欧洲品牌,在欧洲的任何不良事件肯定会有任何奢侈品牌的溢出。因此我认为,投资者更关心欧洲事务正在运行,这给投资者的钱跑了。希腊已经是说是在发脾气,还通过紧缩措施,将它接受欧盟救助的下一部分要求。这些东西是重要的因为他们将允许该国的债务支付,截止十二月十五日。但是看来,抗议和街上的人们的咒语否则。此外,政府的变化已经影响对实际情况究竟有多糟糕。希腊政府已经开始计划裁员和提高退休年龄,这不是很好的人走上街头,人们(Haan 2003,165)。

不仅是希腊陷入困境,但是有其他的欧洲国家一样,正在经历一个类似的混乱。如英国,西班牙,意大利和葡萄牙都遭受着堆积如山的债务和违约(科赫2011,215)。已经在聚光灯的最新的国家是意大利,也看到了政府的变化。此外,西班牙和葡萄牙都在密切注视。然而意大利是重要的因为它现在是一个比较大的经济比其他国家,实际上是世界十大经济体。

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