Burberry is cutting 1,700 jobs as its turnaround plan starts slowly reaping results

fortune.com/europe/2025/05/14/burberry-1700-jobs-turnaround-plan-luxury

Burberry showed promise of recovering from the struggling luxury market. But now, Britain’s marquee trench coat maker will have to lick its wounds a little longer amid the slow burn of its turnaround plan.
On Wednesday, the London-based company reported a 12% decline in sales in the…

This story appeared on fortune.com, 2025-05-14 09:35:53.
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