Burberry Cuts Jobs as Full-Year Profit Swings to Loss

Sales fell 6 percent in the first three months of 2025, suggesting that the brands latest turnaround attempt is gaining some ground with consumers in a tough market for luxury goods.

May 14, 2025 - 08:22
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Burberry Cuts Jobs as Full-Year Profit Swings to Loss
Sales fell 6 percent in the first three months of 2025, suggesting that the brands latest turnaround attempt is gaining some ground with consumers in a tough market for luxury goods.