The FTSE 250-listed company reversed 29% or 172p to 415p, the lowest level for the Mappin & Webb and Goldsmiths retailer since 2020.
The downgrade to profit guidance is another sign of the struggles facing luxury retailers and brands after an initial post-pandemic boom.
Chief executive Brian Duffy said: "The festive period was particularly volatile this year for the luxury sector, with consumers allocating spend to other categories such as fashion, beauty, hospitality and travel."
Esta historia es de la edición January 18, 2024 de Evening Standard.
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Esta historia es de la edición January 18, 2024 de Evening Standard.
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