Sonia and Jill highlight the importance of investing in what you know, and discuss the pros and cons of two global luxury retail brands -- Burberry (LSE:BRBY) and Mulberry (LSE:MUL).

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Neither Jill Ralph nor Sonia Rehill own shares in any of the companies mentioned. The Motley Fool has recommended shares in Burberry. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.