Embattled Burberry announces new turnaround steps even as sales fall less than expected

Why is Saudi Arabia investing in AI data centers? What caused UnitedHealth CEO to step down? How will Trump's executive order affect drug prices? Why is Kraft Heinz investing $3 billion in US plants? What led to Nissan's job cuts and plant shutdowns? How did US-China tariff truce impact markets? Why is Microsoft laying off thousands of employees? What’s driving Nvidia's stock surge amid Saudi deals? How will EU sanctions affect the Russia-Ukraine conflict?

Embattled Burberry announces new turnaround steps even as sales fall less than expected

cnbc.com/2025/05/14/burberry-brby-earnings-q4-fy-2025.html

Burberry on Wednesday announced a slew of organizational changes, amid continued turnaround efforts at the embattled luxury house.
The company said the measures could lead to a "reduction in people-related costs which could impact around 1,700 roles globally" over the lifetime of the…

This story appeared on cnbc.com, 2025-05-14 07:19:51.628000.