Burberry shares nosedive as sales collapse and firm cancels dividend July 15, 2024 Gerry Murphy, the chair of Burberry, described the results as “disappointing” and cited a “more challenging than expected” luxury market.
How did Burberry get stuck in the trenches? July 13, 2024 Burberry has struggled to compete with its luxuary peers over the past couple of years.
Burberry gears up to axe hundreds of jobs in cost-cutting drive July 7, 2024 Employees were notified of the restructuring in late June via a Zoom meeting, according to reports
Uncool Britannia: What is going wrong at Dr Martens, Burberry and Mulberry? May 30, 2024 Thursday proved to be another challenging day for British heritage brands, with Dr Martens revealing a plummet in annual profits largely due to dwindling demand from US shoppers.
Burberry boss misses out on bonus after ‘challenging’ year for luxury label May 30, 2024 The chief executive of luxury label Burberry will not receive a bonus for its latest financial year after its results underperformed during a "challenging" year.
WH Smith finance chief set to retire as senior figure at Burberry picked as replacement for role March 15, 2024 WH Smith has announced that its chief financial officer, after more than two decades at the business, is set to leave the business, to be replaced by a senior member of high-fashion Burberry. Robert Moorhead, the current CFO and chief operating officer of WH Smith, will retire from the business. He joined the company in [...]