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Burberry Launches Turnaround Plan
Burberry shares soar as new CEO Josh Schulman admits ‘lack of focus on outerwear,’ vowing to turn losses around
Burberry also plans to slash costs by millions and has set a lofty new revenue target under CEO Josh Schulman.
Loss-making Burberry puts focus back on trench coats in a turnaround plan
Burberry
will use its British heritage appeal to win back customers by focusing on trench
coats
and scarves and be less ambitious with prices on bags and shoes, the loss-making luxury brand said in a revamp that sent its shares up sharply. New CEO Joshua ...
Loss-making Burberry puts focus back on outerwear in turnaround plan
Burberry will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and use its British heritage appeal to win back customers, the struggling luxury brand said on Thursday in a strategy update.
Harper's Bazaar (UK) on MSN
8d
The ultimate winter 2024 coat trends guide
When the cold weather arrives, there’s little we get more excited about than outerwear. A true lynchpin of winter dressing, select right and a great coat will become the hardest-working garment in ...
23d
on MSN
As a fashion editor who loves hugs, this major coat trend is right up my street
As trend-led as these
winter
coats
seem, they are actually pretty ... At Miu Miu, Louis Vuitton and
Burberry
, the ...
11d
on MSN
Acquisition speculation grips European luxury: Meta said to eye 5% stake in Ray-Ban maker, Moncler linked to Burberry takeover
The two deals, rumored to be in the works, could mark key milestones for the European luxury giants: EssilorLuxottica, ...
btimesonline
1d
Burberry's Stock Soars Following Revival Strategy Centered on Signature Trench Coats, Scarves
Burberry, the storied British luxury house, unveiled an ambitious new strategy on Thursday aimed at reconnecting with its ...
1d
Burberry hopes 'scarf bars,' puffer jackets and classic styles can drive turnaround
Burberry is hoping "scarf bars" in its stores, new ranges of puffer jackets, and a sharper focus on its classic products ...
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