Schulman, previously CEO at Coach and Michael Kors, is Burberry’s fourth CEO in a decade, and the brand has also had three creative directors in the last seven years, each bringing new styles and ...

Burberry also plans to slash costs by millions and has set a lofty new revenue target under CEO Josh Schulman.

Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury sector pressured by weak Chinese demand. Burberry reported a net loss of ...

Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by ...

U.K. stocks eked out modest gains Thursday on the back of upbeat earnings news. The benchmark FTSE 100 was up 12 points, or 0.2 ...

Trench-coat maker Burberry BRBY16.02%increase; green up pointing triangle said it is taking further steps to cut costs and ...

The luxury group said it is taking steps to cut costs and reduce inventory as part of a new plan to revitalize the brand.

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...

Burberry has launched a £40 million cost-cutting programme as part of a plan to turn the company around, after sales continued falling in the second quarter. Chief executive Joshua Schulman, who ...

LONDON/PARIS– Burberry’s new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined sharply while its share price has dropped 40% this year, stoking ...

Burberry Group PLC BRBY shares inched up 0.43% to £7.89 Monday, on what proved to be an all-around positive trading session ...

Tapestry Inc.’s $8.5 billion acquisition of Michael Kors owner Capri Holdings Ltd. has been handbagged. On Thursday, US District Judge Jennifer Rochon froze the deal, concluding that it would ...