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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 managing editor of Pleroma Media, and worked as a breaking news reporter at The Messenger after spending 25 years at Fox Television as a producer, executive producer, and digital content director.
Burberry’s new boss is calling time on the British fashion label’s decade-long attempt to join the upper ranks of global ...
Burberry shares surged 18% on Wednesday after the British luxury brand announced plans to shed 1,700 jobs or around a fifth ...
The brand, now under the leadership of chief executive Joshua Schulman, is looking into job cuts from its UK operations and ...
Burberry on Wednesday announced a slew of organization changes, amid continued turnaround efforts at the embattled luxury ...
Burberry is set to cut as many as 1,700 roles as the UK fashion label seeks to reduce costs amid falling sales.
BURBERRY has pinned its revival on “timeless British luxury”, while telling staff their jobs will not be safe if they work at a certain time of day. The fashion house yesterday said it would be ...
Burberry expects the cuts — which will impact nearly 20% of its total workforce — to save the company roughly £100 million ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Burberry to cut 1,700 jobs in global cost-saving push as sales slide; CEO Schulman presses on with turnaround strategy amid ...
Burberry posted an operating loss of 3 million pounds in fiscal 2025 and set out a new cost savings plan that could see some ...
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