Burberry is widely seen as a takeover target. Recent media reports that Italy’s Moncler was preparing a bid had boosted the stock. Schulman, asked if Burberry was for sale, told reporters he would not ...

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

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.

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.

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

Burberry has slumped to a loss and axed its dividend for the first half of its financial year as sales at the British luxury house plunged. In its interim results for the 26 weeks to 28 September, the ...

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 ...

Chief executive Joshua Schulman, who joined the group in July, said he wants the business to focus on 'productivity, ...

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

Luxury fashion house Burberry launched an “urgent” turnaround plan today as it revealed another slump in sales and a fall ...