Burberry launches urgent turnaround plan to save the brand

By Business Insider | Nov 14, 2024 at 05:15 AM EST

Burberry's CEO is taking urgent action to stabilize the brand after a 22% revenue decline. The company is implementing a new strategy, "Burberry Forward," focusing on core customers and heritage. Shares rose 14% in response, signaling a positive market reaction.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.