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Music fans snap up wellies, scarves and light jackets, with shares rising 4% on back of better-than-expected performanceShoppers snapping up Burberry wellies, scarves and light jackets to wear at music festivals have helped the fashion brand to its bes…
Joshua Schulman’s pay packet includes £380,000 in house moving costs as ailing brand announces hundreds of job cutsBusiness live – latest updatesBurberry has paid its new boss Joshua Schulman almost £2.6m in his first nine months in the job, including …
Struggling fashion brand to remove night shift at raincoat factory in Yorkshire, affecting about 150 postsBurberry has said it could cut 1,700 jobs worldwide by 2027 – including removing the entire night shift at its Yorkshire raincoat factory – as the…
British brand’s sales jump by 18% year on year on back of post-Covid bounceback in ChinaBurberry has reported a sales surge of almost a fifth thanks to a bounceback in China, but the luxury British fashion brand has warned that London is losing out to …
Gerry Murphy tells Rishi Sunak he should reverse decision to remove tax-free shopping for touristsThe chair of Burberry has called Brexit a “drag on growth” and asked Rishi Sunak to reverse a decision to remove tax-free shopping for tourists that has l…