Burberry

Burberry to cut 1/5 of its workforce globally as profits plunge, costs rise

Burberry will cut 1,700 jobs worldwide by 2027 including its entire night shift in Castleford after a £66 million loss forces the luxury brand to intensify cost-cutting efforts

Burberry chief challenges Sunak over 'spectacular own goal' UK tourist tax

Sunak replied that he would listen to Murphy's concerns, while declining to comment on possible tax changes out of deference to Chancellor of the Exchequer Jeremy Hunt

Burberry's Julie Brown is GSK's first ever female CFO, says report

Brown, also 60, will join GSK in April and take up the job in May. She has extensive experience in the health and pharmaceutical industry.

Burberry appoints Versace boss as CEO with a £6-mn 'golden hello'

Jonathan Akeroyd oversaw the sale of Versace to US group Michael Kors while Burberry, the 165-year-old group, had been searching for a chief since June

Luxury brand Burberry's CEO Marco Gobbetti to step down by end of 2021

Burberry Chief Executive Marco Gobbetti will step down from the role to take up another opportunity that will let him be closer to his family in Italy, the British luxury group said on Monday

China warns western brands not to engage in politics over Xinjiang

H&M, Burberry, Nike, Adidas and other Western brands have been hit by consumer boycotts in China since last week over comments about their sourcing of cotton in Xinjiang

Burberry becomes 1st luxury brand to suffer Chinese backlash over Xinjiang

Burberry lost a Chinese brand ambassador and its hallmark design was scrubbed from a video game, becoming the first luxury brand assailed by Chinese backlash to Western accusations of Xinjiang abuses

Burberry burns products worth $37 mn so that 'wrong people' don't buy them

According to a report by The Times, the upmarket clothing line, famous for its checked design, has destroyed 90 million pounds of products in the past five years