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Burberry launches urgent turnaround plan to save brand
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 Ramps Up Turnaround in Effort to Revive Brand
Trench-coat maker
Burberry
BRBY16.02%increase; green up pointing triangle said it is taking further steps to cut costs and change its pricing strategy, ramping up turnaround efforts after it slid to a loss on sharply lower sales. The British luxury group ...
Burberry’s turnaround plan: what to make of shares jumping 22% despite losses?
Read what analysts think of Burberry's turnaround plan that involves cost cutting of 40 million pounds and focussing on core strengths.
2h
on MSN
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 ...
2h
Burberry hopes 'scarf bars,' puffer jackets and classic styles can drive turnaround
Burberry is hoping "scarf bars" in its stores, new ranges of puffer jackets, and a sharper focus on its classic products ...
4h
Burberry unveils £40m cost-cutting plan as it swings to £53m half-year loss
Joshua Schulman, chief executive, outlined that the recovery plan will involve enhancing the business's website and in-store ...
devdiscourse
1h
Burberry's Bold Return to Classic Luxury
Burberry is rejuvenating its brand by emphasizing classic outerwear over leather goods, with innovations like 'scarf bars' in ...
21m
on MSN
Burberry boosts UK mid-cap stocks, focus on speeches from Reeves and Bailey
By Sruthi Shankar (Reuters) -UK stocks rose on Thursday, with luxury firm Burberry leading gains in the mid-cap index after ...
3h
on MSN
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 ...
9h
on MSN
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 ...
7h
UK stocks edge higher, Burberry boosts mid-caps
UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround ...
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