Burberry recently dropped out of the FTSE 100, with its shares falling to their lowest level since 2009 earlier this year.

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

- European equities are up, yields flat and seeing a firmer US dollar as sentiment unchanged from yesterday, with higher ...

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

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 luxury brand ... A brief bounce over the last few weeks after unconfirmed reports of a bid approach from Moncler of Italy has been followed ...

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 ...