Category: Burberry

  • Burberry brand value plunges nearly $2 billion amid luxury downturn

    Burberry’s brand value has declined in the past year as the company grapples with the dual challenges of a luxury economic downturn and a disastrous internal turnaround plan. Kantar’s annual BrandZ brand value ranking saw Burberry lose nearly $2 billion in brand value compared to 2023. The group was the…

  • The Burberry Summer 2025 Collection – Press Release

    Article Content LONDON, Sept. 16, 2024 (GLOBE NEWSWIRE) — This collection is characterized by simple elegance and authentic British creativity; expressive designs are characterized by familiarity. There is a sense of adventure in the summer: rainwear is cut. The elements of raincoats are deconstructed and executed in light fabrics: silk…

  • Burberry is reportedly laying off hundreds of employees amid huge stock selloff

    British fashion company Burberry Group PLC is expected to cut hundreds of jobs, most of them in the UK, after a sharp fall in its share price, The Telegraph reported. The newspaper reported that employees were informed during a Zoom meeting in late June, where those affected were told that…