By  on March 22, 2013

LONDON — Big spenders from the East — and various other parts of the world — stayed away from Mulberry’s London stores in the first two months of 2013, forcing the brand to issue its second profit warning in six months.

On Friday, Mulberry Group plc released an unscheduled trading update saying revenues and profits before tax for the fiscal year ending March 31 would be below market expectations. The stock closed down 16.9 percent at 10.26 pounds, or $15.49 at current exchange.

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