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 ...
BUSINESS LIVE: Burberry turnaround plan; United Utilities lifted by bill hikes; Young's sees £11m Budget hit
The FTSE 100 closed up 40.86 points at 8071.19.Among the firms with updates today are Burberry, United Utilities, Young's, ...
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 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 ...
Reuters on MSN15h
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 ...
U.S. News & World Report16h
Burberry Hopes 'Scarf Bars,' Puffer Jackets and Classic Styles Can Drive Turnaround
LONDON (Reuters) - Burberry is hoping "scarf bars" in its stores, new ranges of puffer jackets, and a sharper focus on its ...
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 ...
FashionUnited19h
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".