Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined ...

Burberry's new CEO, Joshua Schulman, faces a challenge in reviving the luxury brand amidst declining sales ... bags at steep discounts. "Burberry has been trying to elevate the brand, but the ...

Cutting its outlet exposure would be costly as the stores account for close to 30% of sales and 50% of profitability ... Sasha Kachanova, consumer analyst at asset manager abrdn, said Burberry is ...