News

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 ...
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 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 ...
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 ...
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 ...
Explore more
Daniel Lee Is Staying Put as CEO Josh Schulman Positions Burberry for Growth
"Daniel and I are committed together to moving Burberry forward," said Josh Schulman, Burberry's CEO, as he unveiled further growth plans for the brand.
Daily Voice on MSN5h
Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge
Burberry is cutting more than 1,500 jobs worldwide after the British luxury fashion brand saw a steep drop in profits. The ...