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 ambitious with prices on bags and shoes, the loss-making luxury brand said in a revamp that sent its shares up sharply.
Burberry also plans to slash costs by millions and has set a lofty new revenue target under CEO Josh Schulman.
UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround ...
Joshua Schulman, chief executive, outlined that the recovery plan will involve enhancing the business's website and in-store ...
A model presents a creation for Burberry's Spring/Summer 2025 fashion show collection, during the London Fashion Week in ...
Shot in London's storied cultural neighborhood of Bloomsbury, the campaign features three sets of portraits that spotlight ...
Italy's Moncler is not in talks to take over Burberry , four sources close to the matter said on Monday in response to a ...
Burberry is scheduled to report results for the first half of its fiscal year 2025 on Thursday. Here is what you need to know. SALES FORECAST: The British luxury group is expected to book revenue of ...
3hon MSN
Revenue was down 22 percent in the fiscal first half, and the company posted an operating loss of 53 million pounds amid ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback