UK stocks rose with Burberry leading gains after announcing a major turnaround strategy. The FTSE 250 surged 0.8% while ...

By Sruthi Shankar (Reuters) -UK stocks rose on Thursday, with luxury firm Burberry leading gains in the mid-cap index after ...

Ailing luxury brand Burberry has vowed to return to its roots under new chief executive Joshua Schulman in a bid to reclaim its fashionable status among consumers. The arrival in July of Mr Schulman, ...

Burberry suspended its dividend for 2025 and announced a 40-million pound ($51-million) cost savings program, as Schulman said the brand needed to focus back on outerwear and its core customer.

Burberry is rejuvenating its brand by emphasizing classic outerwear over leather goods, with innovations like 'scarf bars' in ...

Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans ...

Burberry unveiled a new strategy this morning after reporting a pre-tax loss of £80 million. Will the stock come back into ...

Read what analysts think of Burberry's turnaround plan that involves cost cutting of 40 million pounds and focussing on core ...

Burberry has blamed “inconsistent brand execution” and moving “too far from its core” for what it describes as “disappointing ...

Shares in Burberry jumped by a fifth after the British fashion brand’s new boss pledged to “act with urgency to course ...

This Fool takes a look at the half-year results from Burberry (LON:BRBY) to see if the struggling FTSE stock might be worth ...

Burberry Thursday outlined a new strategy that will focus on scarves and the outerwear such as trenchcoats it is known for as ...