British fashion house Burberry reports a significant operating loss, leading to strategic shifts.A pre-tax loss of £80m was announced, contrasting last year’s £219m profit.Revenue dropped 20%…
Browsing: strategic plan
Burberry, under new CEO Joshua Schulman, is implementing a strategic plan to address financial losses and revitalize the brand.The luxury retailer has seen its revenue drop…
Matalan takes bold steps to reinforce its senior team, aiming to align with its strategic goals.James Dorling appointed as director of property to optimize Matalan’s UK…
Frasers abandons its £111m takeover bid for luxury brand Mulberry, citing lack of board engagement.Mulberry’s board rejects Frasers’ improved 150p-per-share offer, prioritizing business performance.Frasers demands a…