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…