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 ...

The British fashion house outlined a new strategic plan, "Burberry Forward", aimed at reigniting the brand by returning to its roots as a quintessentially British luxury house.

Burberry wishes to return to a more focused and traditional ... A brief bounce over the last few weeks after unconfirmed reports of a bid approach from Moncler of Italy has been followed by a positive ...

Burberry made an adjusted operating loss of 41 million pounds in the first half and said it was too early to tell, with the ...

Burberry will use its British heritage appeal to win back customers by focusing on trench coats and scarves and be less ...

The luxury fashion house is planning £40 million in savings, promising to focus on its ‘core’ products and customers in ...

"Burberry is in need of a clear strategic direction and strong leadership," AlphaValue analyst Jie Zhang said in a note. Moncler's CEO Remo Ruffini could potentially replicate Moncler's turnaround ...

Australian inventor Lawrence Hargrave created history when he was lifted off the ground in a flying device he created in 1894. Now, 130 years later, he is remembered as a generous pioneer whose ...

European shares opened higher on Monday with most sectors rising, kicking off a week packed with global economic data ...

Moncler is not planning to acquire Burberry, according to sources, contrary to a report by Britain's Mail on Sunday. Burberry's shares, initially rising on acquisition rumors, fell after the Reuters ...