A profit warning from Swedish clothing seller Hennes & Mauritz (HMRZF.PK, HNNMY.PK) appears...

|About: Hennes & Mauritz ABB (HMRZF)|By:, SA News Editor

A profit warning from Swedish clothing seller Hennes & Mauritz (HMRZF.PK, HNNMY.PK) appears to have crossed the pond to taint select retail names in the U.S. Foreign exchange headaches and unseasonably warm weather contributed to a 4% decline in H&M's same-store sales after analysts had called for a gain, raising some questions on the sector only a week after Burberry's own warning rattled luxury names. Feeling the heat: NWY -2.7%, CBK -2.2%, BODY -1.6%, BONT -1.8%, SKS -2.5%.