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

Revenue was down 22 percent in the fiscal first half, and the company posted an operating loss of 53 million pounds amid ...

LONDON (Reuters) -Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves ...

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

UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround ...

London stocks were steady in early trade on Thursday as investors sifted through a raft of corporate news and looked ahead to ...

Burberry will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and ...

"European equity markets are expected to open steady as investors brace for earnings from some major European names," commented Hargreaves Lansdown's Matt Britzman. "The FTSE 100 is following ...

Troubled British fashion house Burberry on Thursday announced a turnaround plan to kickstart the brand as it reported tumbling profits and a drop in sales.

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

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

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.