Fashion giant Burberry slashes 1,700 jobs, says strategic shift to...

Fashion giant Burberry slashes 1,700 jobs, says strategic shift to boost performance

Posted

Burberry is set to reduce its global workforce by 1,700 employees as part of a cost-saving initiative led by CEO Joshua Schulman to revitalize the brand. This decision follows a period of underperformance and a shift back to focusing on heritage staples like trench coats and scarves.

Read Full Article

Please log in to like, share and comment!

Business

Top stocks to buy today: Stock recommendations for May 15, 2025

Top stock market recommendations: Nuvama Professional Clients Group's Aakash K Hindocha suggests...

By 0 6

Entertainment

Kanye fires back at John: ‘I have disciples or enemies’

Once celebrated collaborators, Kanye West and John Legend's relationship has deteriorated, marked...

By 0 6

Entertainment

Will Diddy get pardoned by Trump?

Suge Knight, ex-CEO of Death Row Records, thinks Diddy might get a pardon. Knight believes Diddy...

By 0 6

Entertainment

Selena turns heads at event amidst controversy

Selena Gomez shone at an Upfront presentation amidst swirling controversy. Recent reports...

By 0 6

Entertainment

When Ash shocked fans with purple lipstick at Cannes

Aishwarya Rai Bachchan's Cannes Film Festival appearances are always a highlight, especially her...

By 0 6