Burberry announces turnaround plan

Burberry launches urgent turnaround plan to save the brand
Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by "inconsistent brand execution."
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 announces losses and launches turnaround plan
Troubled British fashion house Burberry on Thursday announced a turnaround plan to kickstart the brand as it reported tumbling profits and a drop in sales.
New Burberry boss ‘acting with urgency’ after half-year loss
Burberry’s new chief executive said he was “acting with urgency” to stabilise the British luxury brand as it reported a half-year loss on falling revenue.
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 crucial festive period ahead, whether it would make a profit for the full ye
Burberry Ramps Up Turnaround as It Seeks to Revive Brand
The luxury group said it is taking steps to cut costs and reduce inventory as part of a new plan to revitalize the brand.
FTSE 100 Rises As Burberry Announces New Turnaround Plan
U.K. stocks eked out modest gains Thursday on the back of upbeat earnings news. The benchmark FTSE 100 was up 12 points, or 0.2
Burberry announces turnaround plan, reports first-half loss
Burberry's new CEO Joshua Schulman announced a turnaround strategy for the struggling British luxury brand on Thursday, as sales continued to slide and it reported a loss for the first half of its financial year.
The Times of India on MSN6h
Why Burberry burns millions of dollars of clothes each year?
Luxury fashion brand Burberry faced criticism for destroying unsold merchandise worth millions of pounds to maintain brand ...
MarketWatch1d
Burberry's Strategy Under New CEO in Focus as Turnaround Continues -- Earnings Preview
"Burberry has started to show evidence of a more realistic pricing architecture ... TAKEOVER TARGET: Shareholders will be keen to get any comment on the rumors that Italian fashion firm Moncler ...
Hypebeast5d
Moncler Eyes Burberry Acquisition and LVMH Buys into Our Legacy in This Week's Top Fashion News
In this week’s fashion’s biggest headlines ... Following the earlier Chanel Cruise 2024/25 show in Marseille, France, the ...
Burberry Shares Jump on Moncler Bid Report
Burberry shares rose as much as 8% on Monday after a media report said Italian luxury outerwear maker Moncler was considering ...
Burberry Debuts Its Holiday Campaign and a Virtual Scarf Try-on Service
Shot in London's storied cultural neighborhood of Bloomsbury, the campaign features three sets of portraits that spotlight ...
Burberry Shares Soar 8% After Report Reveals Moncler Could Be Buying the British Brand
Mere months after the struggling London fashion house forecasted an operating loss in the first half of the next fiscal year.