The British label said it is continuing with restructuring as part of a wider spending downturn that is plaguing the luxury ...

British luxury fashion label, Burberry has recently declared that it could lay off as many as 1700 of its employees as a part ...

British luxury clothing company Burberry said Wednesday it will cut 1,700 jobs as it continues struggling to stabilize ...

Murphy said that all of Burberry's moves, including cost savings, should "start to deliver an improvement in our second half, and to strengthen our competitive position and underpin long-term growth." ...

Overall, sales fell 12 per cent year over year and the company reported an operating profit for the second half. Burberry said it has seen “significant progress” with its turnaround plan ...

But Burberry said trading improved over the second half of the latest year, compared with the first half, which gives it “confidence” its strategic plan is starting to pay off. Demand for its ...

LONDON: British luxury brand Burberry on Wednesday said it planned ... have all shown a significant improvement in the second half versus the first half," Schulman said in a call with journalists.

Burberry reported its “intervention to reset the brand” has resulted in a sales improvement in the second half. ”After a challenging first half, in November we launched Burberry Forward. Our immediate ...