Burberry announces turnaround plan

Burberry launches turnaround plan as posts loss
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. China is the world's biggest spender in the luxury sector,
New Burberry CEO launches ‘urgent’ turnaround plan as it plunges into loss
Burberry's new CEO, Joshua Schulman, has outlined a strategic plan for the ailing luxury retailer, set to "reignite brand desire, improve our performance and drive long-term value creation".
New Burberry boss ‘acting with urgency’ after half-year loss
Burberry’s new chief executive said he was “acting with urgency” to stabilise the British luxury brand as it reported a half-year loss on falling revenue.
Loss-making Burberry puts focus back on outerwear in turnaround plan
Burberry will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and use its British heritage appeal to win back customers, the struggling luxury brand said on Thursday in a strategy update.
Burberry Ramps Up Turnaround as It Seeks to Revive Brand
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 Announces Losses And Launches Turnaround Plan
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 announces turnaround plan, reports first-half loss
Burberry's new CEO Joshua Schulman announced a turnaround strategy for the struggling British luxury brand on Thursday, as sales continued to slide and it reported a loss for the first half of its financial year.
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Burberry Revenue, Profits Plummet in First Half as New CEO Joshua Schulman Sets Out Fresh Strategy
Today, we are acting with urgency to course correct, stabilize the business and position Burberry for a return to ...
Burberry: Firm axes dividend as group slumps to loss
Burberry has slumped to a loss and axed its dividend for the first half of its financial year as sales at the British luxury ...
Burberry's new CEO faces outlet store and pricing dilemmas
Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined ...
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Burberry posts sharp revenue decline, launches turnaround plan
Burberry’s first half revenue of 1,086 million pounds declined by 20 percent CER, and 22 percent reported. Retail comparable ...
Burberry Secretly Brought Its Beauty Line Back to the U.S.—Here's How to Shop It First
My beauty routine looked a lot different in 2017, when Burberry Beauty was last available in the United States. I was a ...
Burberry Debuts Its Holiday Campaign and a Virtual Scarf Try-on Service
Shot in London's storied cultural neighborhood of Bloomsbury, the campaign features three sets of portraits that spotlight ...
Burberry unveils £40m cost-cutting drive amid strategy shake-up
Chief executive Joshua Schulman, who joined the group in July, said he wants the business to focus on 'productivity, ...
Burberry braced for Moncler takeover as staff given heads up
Luxury fashion house Burberry is braced to be taken over by Italian company Moncler amid staff at one of its flagship London ...