Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury ...

Burberry shares jumped 15% or 107.9p to 839.3p, still down from the 2600p seen in April 2023 when the company was a member of ...

Burberry has struggled from a stagnant market in the luxury sector, with its key Chinese market hit particularly hard. Sales ...

Troubled British fashion house Burberry on Thursday announced a turnaround plan to kickstart the brand as it reported tumbling profits and a drop in sales.

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ambitious with prices on bags and shoes, the loss-making luxury brand said in a ...