The new boss of loss-making Burberry today vowed to “capture British wit and style” as part of his plan to revive the luxury ...
U.K. stocks eked out modest gains Thursday on the back of upbeat earnings news. The benchmark FTSE 100 was up 12 points, or 0.2 ...
The FTSE 100 (^FTSE) and European stocks were mixed on Thursday after ... as measures could put savers’ money at risk and ...
UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround ...
The FTSE 100 index was up 32.34 points, 0.4%, at 8,062.57. The FTSE 250 was up 84.55 points, 0.4%, at 20,443.76, and the AIM All-Share was up 0.44 points, 0.1%, at 729.73.
Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury ...
Revenues plunged 22% to £1.08bn with sales down 24% in mainland China as consumers in the world’s second largest economy reined in spending, especially in the second quarter which say a 27% slump.
Burberry unveiled a new strategy this morning after reporting a pre-tax loss of £80 million. Will the stock come back into ...
Burberry also plans to slash costs by millions and has set a lofty new revenue target under CEO Josh Schulman.