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Wednesday, May 14, 2025
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Fashion giant Burberry slashes 1,700 jobs, says strategic shift to boost performance

May 14, 2025
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Burberry is set to reduce its global workforce by 1,700 employees as part of a cost-saving initiative led by CEO Joshua Schulman to revitalize the brand. This decision follows a period of underperformance and a shift back to focusing on heritage staples like trench coats and scarves.

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India’s wholesale inflation eases to 13-month low of 0.85% in April
Nykaa, Coromandel International to join MSCI India Index in May review

Recent Posts

  • MakeMyTrip bookings for Azerbaijan, Turkey down 60%, cancellations up 250%; MMT discontinued all ‘promotions, offers on platform’
  • India Semiconductor Mission: All you need to know about Centre’s bold leap to become global microchip hub
  • Nykaa, Coromandel International to join MSCI India Index in May review
  • Fashion giant Burberry slashes 1,700 jobs, says strategic shift to boost performance
  • ‘Forgotten Operation Dost’: Indian fruit traders boycott Turkish goods over support to Pakistan

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