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

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

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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