Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined ...

Burberry's new CEO, Joshua Schulman, faces a challenge in reviving the luxury brand amidst declining sales and a falling share price. Analysts suggest reducing the brand's reliance on outlet ...

LONDON/PARIS (Reuters) - Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined sharply while its share price has dropped 40% ...

Cutting its outlet exposure would be costly as the stores account for close to 30% of sales and 50% of profitability, according to HSBC estimates. But it could be necessary if Burberry is aiming ...

Speculation around a possible bid by Moncler for Burberry has stirred interest, sending Burberry's shares up nearly 5 per cent this week.