Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high
Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans ...
Burberry’s turnaround plan: what to make of shares jumping 22% despite losses?
Read what analysts think of Burberry's turnaround plan that involves cost cutting of 40 million pounds and focussing on core ...
Burberry shares soar 20% as new CEO pledges focus on fashion brands' heritage
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 Puts Trenchcoats and Scarves at Center of New Strategy
Burberry Thursday outlined a new strategy that will focus on scarves and the outerwear such as trenchcoats it is known for as ...
Burberry puts focus back on trench coats, scarves in turnaround plan
Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...
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.
U.S. News & World Report13h
Burberry Puts Focus Back on Trench Coats in Turnaround Plan
Burberry made an adjusted operating loss of 41 million pounds in the first half and said it was too early to tell, with the ...
Financial News13h
Burberry’s Financial Challenges Amid Revenue Decline
Burberry reports a significant operating loss amidst declining revenues for the first half of 2024. The company recorded a ...
Burberry launches urgent turnaround plan to save the brand
Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by ...
AOL14h
Burberry shares soar as new CEO Josh Schulman admits ‘lack of focus on outerwear,’ vowing to turn losses around
It’s also had to question its path as the pandemic changed how people thought about luxury goods—particularly in China, where ...
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 ...
Burberry announces turnaround plan as sales continue to slide
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 ...