Burberry's share price has continued to fall throughout the morning, and is currently down 8%. The market hasn't taken the fashion house's latest trading update well after it revealed revenue in the last three months of last year was down. Burberry is focusing on luxury markets, and is well known for its iconic trench coats. Mike van Dulken, head of research at Accendo Markets, said: 'When the operational highlights of a trading statement reiterate the multi-year turnaround plan you presented in November alongside an ugly profits warning that 'margins won't grow until 2021', there's a good chance that the growth figures and outlook will disappoint.'