By Sruthi Shankar (Reuters) -UK stocks rose on Thursday, with luxury firm Burberry leading gains in the mid-cap index after ...

UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround ...

Joshua Schulman, who took the top job in July, admitted the firm, best known for its trench coats, had lost its way in recent ...

Luxury fashion house Burberry launched an “urgent” turnaround plan today as it revealed another slump in sales and a fall ...

The British luxury house said it was too early to tell if second half performance would offset the loss in the first half of ...

Burberry unveiled a new strategy this morning after reporting a pre-tax loss of £80 million. Will the stock come back into ...

Harvey Jones was thrilled to wake up this morning and find the Burberry share price flying, but he's still sitting on a big ...

The new boss of loss-making Burberry today vowed to “capture British wit and style” as part of his plan to revive the luxury ...

Revenues plunged 22% to £1.08bn with sales down 24% in mainland China as consumers in the world’s second largest economy reined in spending, especially in the second quarter which say a 27% slump.

Burberry has little net debt excluding store leases. Consequently, Moncler would have to fund a deal all or partly with ...

The luxury fashion house is planning £40 million in savings, promising to focus on its ‘core’ products and customers in future.

Also in the UK, data from the Royal Institution of Chartered Surveyors showed signs of improvement in the housing market. A net balance of 16% of property professionals reported house prices rising in ...