Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans ...
Burberry's missteps over the couple of years has seen its share price (UK:BRBY) (BURBY) fall from a record high above GBP26 in April 2023 to less than GBP6 in September as analysts bemoaned the shift ...
Burberry Thursday outlined a new strategy that will focus on scarves and the outerwear such as trenchcoats it is known for as ...
Burberry will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and ...
Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...
Schulman, asked if Burberry was for sale, told reporters he would not comment on speculation, but added that Burberry’s independence — separate from a luxury conglomerate — was an asset.
Burberry made an adjusted operating loss of 41 million pounds in the first half and said it was too early to tell, with the ...
Burberry reports a significant operating loss amidst declining revenues for the first half of 2024. The company recorded a ...
It’s also had to question its path as the pandemic changed how people thought about luxury goods—particularly in China, where ...
Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury ...
Burberry's new CEO Joshua Schulman announced a turnaround strategy for the struggling British luxury brand on Thursday, as sales continued to slide in its second quarter.Burberry suspended its ...
And unlike many other quality news outlets, we choose not ... base of luxury customers”. Burberry has struggled from a stagnant market in the luxury sector, with its key Chinese market hit ...