Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by ...

Burberry is also dealing with its own challenges. In July, the company issued a profit warning, halted its dividend and ...

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...

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 will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and ...

He will also need to focus on new markets due to the continued slump in demand for luxury goods in China. There could also be a move away from handbags and towards outerwear, which is a return to ...

The luxury group said it is taking steps to cut costs and reduce inventory as part of a new plan to revitalize the brand.

The handbag world in the late 2010s and early 2020s will largely be defined as the era of comebacks. In fact, it seems like ...

Mortgage borrowers look set to no longer be able to bag a mortgage rate below 4% as lenders continue to hike home loan prices ...