Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...

Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury ...

Burberry hasn’t got a lot right in recent years. But its new CEO, Joshua Schulman, wants to act fast and “course correct” to ...

Revenue was down 22 percent in the fiscal first half, and the company posted an operating loss of 53 million pounds amid ...

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.

London stocks were steady in early trade on Thursday as investors sifted through a raft of corporate news and looked ahead to ...

Also in the UK, data from the Royal Institution of Chartered Surveyors showed signs of improvement in the housing market. A net balance of 16% of property professionals reported house prices rising in ...

Joshua Schulman, chief executive, outlined that the recovery plan will involve enhancing the business's website and in-store ...

The luxury fashion house is planning £40 million in savings, promising to focus on its ‘core’ products and customers in ...

Burberry will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and ...

Revenue fell 20 per cent year on year to £1.09 billion, as the London-listed firm also suspended its dividend payments to ...

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 ...