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 ...
Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...
UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround ...
Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by ...
Burberry will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and ...
He will also need to focus on new markets due to the continued slump in demand for luxury goods in China. There could also be a move away from handbags and towards outerwear, which is a return to ...
The luxury group said it is taking steps to cut costs and reduce inventory as part of a new plan to revitalize the brand.
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid ...
RITA Ora has launched a new collection in collaboration with Primark, and fashion fans are in a frenzy over one particular ...
Shot in London's storied cultural neighborhood of Bloomsbury, the campaign features three sets of portraits that spotlight ...