Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined ...

The fashion giant recently dropped out of the FTSE 100 but it has attracted takeover interest, according to reports.

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

Its shares recently fell to their lowest level since 2009, but received an unexpected boost earlier in November when trade ...

The luxury retailer is expected to reveal a 20% drop in sales when it unveils its half-year results later this week ...

Burberry shares jumped on Monday morning amid mounting speculation that the British fashion house could be a takeover target ...

Some investors and analysts say Burberry's roughly 56 outlet stores should be top priority for Schulman as they could detract from attempts to push the brand to the higher end of the luxury space.

Some investors and analysts say Burberry’s roughly 56 outlet stores should be top priority for Mr. Schulman as they could detract from attempts to push the brand to the higher end of the luxury space.

Burberry's new CEO, Joshua Schulman, faces a challenge in reviving the luxury brand amidst declining sales and a falling share price. Analysts suggest reducing the brand's reliance on outlet ...