Burberry posts sharp revenue decline, launches turnaround plan
Burberry’s first half revenue of 1,086 million pounds declined by 20 percent CER, and 22 percent reported. Retail comparable store sales declined by 20 percent in the first half and the second quarter. Wholesale sales for the period were down 29 percent CER and 30 percent reported.
Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course ...
The trench, and variations, including capes, jackets and dresses, could generate sales in warmer temperatures too.
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Revenue was down 22 percent in the fiscal first half, and the company posted an operating loss of 53 million pounds amid ...
The National on MSN1d
Burberry sales expected to fall by 20% amid luxury slowdownSales at Burberry are forecast to have fallen by a fifth when the UK's famous clothing brand unveils its interim results on ...
Who What Wear on MSN1d
Long-Haul Report: 10 Trends That Will Be Around Well Into 2025A collage showing the long haul fashion trend: sportswear styled with eveningwear is shown on models in the fall 2024 and ...
Read Also End Clothing Announces Leadership Changes Schulman, who has been at the helm since July, remains optimistic about Burberry’s potential to recover and thrive. He reaffirmed the brand’s ...
Shares in Burberry rose as much as 8% on Monday after website Miss Tweed reported that Italy's Moncler was considering a bid for the London-listed luxury group to create an outdoor clothing specialist ...
This Fool takes a look at the half-year results from Burberry (LON:BRBY) to see if the struggling FTSE stock might be worth ...
Shares in Burberry rose as much as 8% today after reports that Italy's Moncler was considering a bid for the London-listed ...
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