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The decline of Burberry should be a cautionary tale for British luxury brands relying on heritage, writes Manfredi Ricca.
Burberry is aiming to slash 18% of its global workforce by 2027 as it looks for ways to cut costs and revive its ailing business.
It never rains but it pours. Luxury British fashion brand Burberry – best known for its iconic trench coat – is reportedly preparing to shed hundreds of jobs under a cost-cutting program amid ...
Workers at risk of losing their jobs at the Burberry manufacturing site in West Yorkshire will be offered support, the local council has said. The luxury British fashion brand, which employs more than ...
Burberry is looking to make £100million of savings per year by the 2027 financial year - up from the £40million it was previously targeting ...
by focusing on products like trench coats that Burberry is best known for. Sign up here. Burberry (BRBY.L), opens new tab shares have gained more than 70% since hitting a near 15-year low at the ...
Burberry, known for dressing the English upper class in its classic camel, red, and black check prints, has lagged behind its peers as it struggles to revive demand for its clothing. The British ...
Burberry, which is best known for its trenches and purses, is going to shift its focus on targeting high-end spenders and offer “broader everyday luxury” items. It also plans to launch a new ...
chairman of Burberry, said in a statement, calling the company’s recent earnings “disappointing.” If the decline persists, he added, the company — famous for its trademark camel check ...
The British designer brand - famed for its distinctive check pattern - has proposed cutting its global workforce by a fifth.
Part of that turnaround has been a renewed focus on the products Burberry is best known for — trench coats and scarves — as well as bringing down prices for bags and shoes. “Burberry is ...