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.

Rolling coverage of the latest economic and financial news.   11:13 Gold is on track for its fifth daily fall in ...

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

Burberry has said it is “acting with urgency” as it launches turnaround plan to “stabilise” the business following plummeting ...

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

Burberry's CEO Joshua Schulman said the troubled British retailer will act "with urgency" to address woes fueled by ...

Harvey Jones was thrilled to wake up this morning and find the Burberry share price flying, but he's still sitting on a big ...

The new boss of loss-making Burberry today vowed to “capture British wit and style” as part of his plan to revive the luxury ...

U.K. stocks eked out modest gains Thursday on the back of upbeat earnings news. The benchmark FTSE 100 was up 12 points, or 0.2 ...

Trench-coat maker Burberry BRBY16.02%increase; green up pointing triangle said it is taking further steps to cut costs and ...

Luxury fashion house Burberry ( BRBY.L) launched an “urgent” turnaround plan today as it revealed another slump in sales and ...

European gas prices have climbed to their highest level for a year, on warnings of potential disruption to supplies from Russia. The European benchmark Title Transfer Facility, traded on the ...