Burberry Is Returning to Its Roots to Make a Big Comeback
On Wednesday, the Burberry brand announced it will be cutting up to 1,700 jobs, about 18% of its workforce, by 2027 to reduce operating costs by around $133 million. This move is part of new CEO Joshua Schulman’s “Burberry Forward” comeback strategy. Call it a comeback The move comes amid a reported operating loss of […]
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