Burberry unveils £40m cost-cutting plan as it swings to £53m half-year loss
Joshua Schulman, chief executive, outlined that the recovery plan will involve enhancing the business's website and in-store ...
Burberry launches 'urgent' turnaround plan on sales slump and fall into the red
Luxury fashion house Burberry ( BRBY.L) launched an “urgent” turnaround plan today as it revealed another slump in sales and ...
Investing50m
Burberry: New Strategy the Key to Restoring Iconic Brand or Just a Pipe Dream?
A brief bounce over the last few weeks after unconfirmed reports of a bid approach from Moncler of Italy has been followed by a positive share price reaction to these numbers and the group’s intent, ...
Loss-making Burberry puts focus back on outerwear 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 ...
stroudnewsandjournal.co.uk30m
Burberry launches turnaround as sales continue to slump
The luxury fashion house is planning £40 million in savings, promising to focus on its ‘core’ products and customers in future.
Burberry puts focus back on trench coats 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 unveils £40m cost-cutting drive amid strategy shake-up
Chief executive Joshua Schulman, who joined the group in July, said he wants the business to focus on 'productivity, ...