It does not necessarily reflect the view of The Herald. Burberry has announced plans to cut a potential 1,700 jobs worldwide to slash staff costs and return the luxury fashion brand to a profit. The ...

British luxury fashion brand Burberry is planning to cut as many as 1,700 jobs, as it struggles to manage the fallout from the Trump administration's approach to global trade. BBC News reports that ...

Burberry plans to cut a up to 1,700 jobs worldwide as part of efforts to slash staff costs and return the luxury fashion brand to a profit. The retailer said it was upping its cost-cutting target ...

A foray into art is on the cards, too. In March it was announced the Victoria and Albert Museum had partnered with the house to rebrand the Fashion Gallery as The Burberry Gallery in 2027. Earlier ...

Burberry has announced plans to cut a potential 1,700 jobs worldwide as part of efforts to slash staff costs and return the luxury fashion brand to a profit. The proposals will cut about 20% of its ...

Burberry is aiming to slash 18% of its global workforce by 2027 as it looks for ways to cut costs and revive its ailing business. The British luxury fashion house said Wednesday that around 1,700 ...

In early corporate news, luxury goods company Burberry said it will cut up to 1,700 jobs globally as it swings to a loss against a "difficult macroeconomic backdrop", and pharmaceuticals firm GSK ...

Shares in Nvidia (NVDA) surged 5.6% in Tuesday's session and were up a further 1% in pre-market trading on Wednesday, buoyed by positive trade news. Nvidia CEO Jensen Huang said on Tuesday during an ...

The announcement came as Burberry revealed second half profits for 2024/25 offset losses in the first half. Adjusted operating profit was £26m, with a £67m profit in the second half offsetting a £41m ...

LONDON, May 14 (Reuters) - Burberry (BRBY.L), opens new tab shares surged 18% on Wednesday after the British luxury brand announced plans to shed 1,700 jobs or around a fifth of its global ...

Burberry has announced plans to potentially cut about 20% of its global workforce (Yui Mok/PA) Burberry has announced plans to cut a potential 1,700 jobs worldwide as part of efforts to slash ...

By that logic, Burberry’s turnaround ambitions should be a long shot. We are clearly in a bleak luxury environment — as evidenced by LVMH’s sales. Yet unlike other would-be recovery plays ...