Burberry also plans to slash costs by millions and has set a lofty new revenue target under CEO Josh Schulman.

Nothing gold can stay. Despite years of strong performance, the market for personal luxury goods is set to slow down this ...

Burberry's stock price spiked recently following its interim results, which is striking considering that neither the ...

Burberry’s return to its roots could prove effective if implemented swiftly, according to GlobalData’s Louise Deglise-Favre.

Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans ...

The luxury group said it was taking steps to cut costs and change its pricing strategy, after it slid to a first-half loss on ...

Luxury fashion house Burberry has reported a significant 22% decrease in revenue for the first half (H1) of fiscal year 2025 ...

Burberry is hoping "scarf bars" in its stores, new ranges of puffer jackets, and a sharper focus on its classic products ...

Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by ...

The luxury goods market is slowing down as 50 million consumers cut back with brands needing reinvention to meet rising ...

Read what analysts think of Burberry's turnaround plan that involves cost cutting of 40 million pounds and focussing on core ...

Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a ...