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Burberry Sees Sales, Profits Decline in a Tough Year
Burberry posted an operating loss of 3 million pounds in fiscal 2025 and set out a new cost savings plan that could see some ...
The New York Sun6h
Burberry Is Slashing Workforce as Luxury Market Faces Extended Downturn
Rivals LVMH, which owns Louis Vuitton, and Gucci owner Kering have also recently reported lower earnings. Mr. Funk was the ...
Burberry Stock Soars as Retailer Announces 1,700 Layoffs Amid Luxury Slowdown
Burberry shares surged 16% in London trading Wednesday after the British luxury brand announced plans to cut around 1,700 ...
Stock Movers: Burberry Up, Alstom Down, TUI Down
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Burberry share price jumps 15% on cost cuts and upbeat results; analysts urge caution, say Asian market still a concern
Burberry shares surged after announcing 1,700 job cuts to unlock £60 million in savings as part of a turnaround strategy ...
Burberry announces thousands of job cuts as fashion house’s profits falter
Luxury fashion house Burberry has announced plans to cut nearly a fifth of its global workforce, impacting approximately ...
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Embattled Burberry to cut 1,700 jobs amid turnaround
Burberry on Wednesday announced a slew of organization changes, amid continued turnaround efforts at the embattled luxury ...
Troubled Burberry slashes 1,700 jobs but boss insists British fashion giant's best days are ahead
Burberry - modelled by Rosie Huntington Whiteley and British tennis ace Jack Draper (pictured) - plans to save an extra £60m ...