Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury ...

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

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

The British fashion house outlined a new strategic plan, "Burberry Forward", aimed at reigniting the brand by returning to its roots as a quintessentially British luxury house.

Luxury fashion house Burberry ( BRBY.L) launched an “urgent” turnaround plan today as it revealed another slump in sales and ...

Burberry wishes to return to a more focused and traditional ... A brief bounce over the last few weeks after unconfirmed reports of a bid approach from Moncler of Italy has been followed by a positive ...

Burberry made an adjusted operating loss of 41 million pounds in the first half and said it was too early to tell, with the ...

Joshua Schulman, chief executive, outlined that the recovery plan will involve enhancing the business's website and in-store ...

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...

The luxury fashion house is planning £40 million in savings, promising to focus on its ‘core’ products and customers in ...

"Burberry is in need of a clear strategic direction and strong leadership," AlphaValue analyst Jie Zhang said in a note. Moncler's CEO Remo Ruffini could potentially replicate Moncler's turnaround ...