Burberry is aiming to slash 18% of its global workforce by 2027 as it looks for ways to cut costs and revive its ailing business. The British luxury fashion house said Wednesday that around 1,700 ...

Burberry, the brand best known for its iconic checkered pattern and fashionable trench coat, announced Wednesday that it may cut around 1,700 jobs worldwide in a major cost-reducing effort.

Burberry shares surged 18% on Wednesday after the British luxury brand announced plans to shed 1,700 jobs or around a fifth of its global workforce to cut costs to help revive its performance.

Burberry Group Plc plans to cut almost a fifth of its workforce as its new chief executive officer tries to turn around the British trench-coat maker, after its push into high fashion flopped amid ...

By Elizabeth Paton Reporting from London Burberry, the British fashion brand known for its trench coats and signature checkered print, said on Wednesday that it would slash up to 1,700 jobs in a ...

Trench-coat maker Burberry BRBY-4.69%decrease; red down pointing triangle said it is taking further steps to cut costs and change its pricing strategy, ramping up turnaround efforts after it slid ...

Burberry unveiled a new campaign in February 2025 titled “It’s Always Burberry Weather: London in Love.” Credit: Drew Vickers/Courtesy of Burberry Naomi Campbell and a knight.

British luxury brand Burberry is replacing its chief executive following another disappointing quarter in which sales plunged more than 20%. Jonathan Akeroyd is leaving Burberry with “immediate ...

"It was associated with people who did bad stuff, who went wild on the terraces," says Peter York. "Quite a lot of people thought that Burberry would be worn by the person who mugged them." The brand ...

Speaking at the National Retail Federation’s (NRF) Big Show, Burberry CEO Joshua Shulman stressed the importance of authenticity during brand reinvention. “We have the most opportunity where ...

Take Burberry's newest shoulder bag, the Highlands, which is just as fitting as an everyday carryall as it is a special-occasion purse.The Highlands collection also features a versatile tote and a ...