British brand Burberry’s global revamp may put 1,700 jobs in jeopardy

UK luxury brand Burberry may cut around 1,700 roles globally under its Burberry Forward plan, aimed at boosting profitability, agility, and efficiency.
The strategy targets £100 million (~$125 million) in annual savings by FY27.
In FY25, revenue fell 17 per cent to £2.5 billion (~$3.1 billion), but H2 sales improved following brand repositioning, product focus, and visual upgrades.Read More