Burberry Revenue, Profits Plummet in First Half as New CEO Joshua Schulman Sets Out Fresh Strategy

By Yahoo! Finance | Nov 14, 2024 at 03:21 AM EST

Burberry's new CEO, Joshua Schulman, introduced a cost-saving strategy to stabilize the company, which reported a 22% revenue decline. He aims to restore growth and profitability, expressing confidence in the brand's potential for success.

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