Burberry plans a strategic shift as profits nosedive
The company’s H1 revenue fell 22%, but CEO Joshua Schulman said the brand was working to course correct and return to its ...
Burberry shares soar 20% as new CEO pledges focus on fashion brands’ heritage
Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course ...
Can Burberry’s turnaround plan put it back in fashion?
This morning, Burberry announced an ambitious turnaround plan called ‘Burberry Forward’ designed to rescue the luxury brand ...
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Loss-making Burberry to focus back on outerwear in turnaround plan
Burberry will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and ...
Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high
Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans ...
Burberry Revenue, Profits Plummet in First Half as New CEO Joshua Schulman Sets Out Fresh Strategy
Revenue was down 22 percent in the fiscal first half, and the company posted an operating loss of 53 million pounds amid ...
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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 ...
New Burberry CEO launches ‘urgent’ turnaround plan as it plunges into loss
Burberry's new CEO, Joshua Schulman, has outlined a strategic plan for the ailing luxury retailer, set to "reignite brand desire, improve our performance and drive long-term value creation".