Burberry

Hurt by Pearson and Burberry

Moved into FTSE 250 earlier this year

Last held retailer in 2012

Luxury firm hit by economic slowdown

The FTSE 100 was in the red once again today following losses around the globe overnight, with Hargreaves Lansdown and luxury goods retailers Burberry and Mulberry both taking a tumble on slowdown fears.

In a way, the departure of Neil Woodford from Invesco Perpetual was a strangely subdued affair. I feel slightly cheated.

Hargreaves Lansdown has topped the FTSE 100 index in early trading after reporting record levels of assets under administration in its quarterly results this morning.

LUXURY BRANDS

European equities are failing to bounce back from yesterday's falls this morning as poor earnings and macro concerns hit home.

Luxury fashion brand Burberry jumped almost 10% this morning after it reported better than expected trading following its profit warning last month.