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 ...
UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround ...
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 ...
Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...
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