Revenue fell 20 per cent year on year to £1.09 billion, as the London-listed firm also suspended its dividend payments to ...

Troubled British fashion house Burberry on Thursday announced a turnaround plan to kickstart the brand as it reported tumbling profits and a drop in sales.

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 ...

LONDON (Reuters) -Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves ...

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

UK stocks edged higher on Thursday, with luxury firm Burberry leading gains in the mid-cap index after unveiling a turnaround ...

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

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.

(Sharecast News) - London stocks had popped higher by midday on Thursday, helped along by well-received updates from the likes of Aviva and Spirax, but gains were muted as investors eyed another US ...

"European equity markets are expected to open steady as investors brace for earnings from some major European names," commented Hargreaves Lansdown's Matt Britzman. "The FTSE 100 is following ...

The luxury fashion house is planning £40 million in savings, promising to focus on its ‘core’ products and customers in future.