Burberry's new CEO, Joshua Schulman, faces a challenge in reviving the luxury brand amidst declining sales and a falling share price. Analysts suggest reducing the brand's reliance on outlet ...
LONDON/PARIS (Reuters) - Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined sharply while its share price has dropped 40% ...
Cutting its outlet exposure would be costly as the stores account for close to 30% of sales and 50% of profitability, according to HSBC estimates. But it could be necessary if Burberry is aiming ...
she added. Cutting its outlet exposure would be costly as the stores account for close to 30% of sales and 50% of profitability, according to HSBC estimates. But it could be necessary if Burberry is ...