Luxury Daily
The authority in luxury news.
Nov. 22, 2024
  1. Hublot nods to tennis champion Novak Djokovic with custom chronograph
  2. EssilorLuxottica establishes Inclusion Committee
  3. Louis Vuitton opens applications for biennial Watch Prize
  4. Roche Bobois furnishes boutique resort in Turks and Caicos
  5. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
  6. Ambassador-led storytelling carries holiday campaign from Boucheron
  7. Women now represent 13pc of global billionaire class: Altrata
  8. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  9. Leading with pedigree, Range Rover promotes plug-in SUV
  10. Audemars Piguet unveils collaboration with artist Kaws
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Apparel and accessories

Burberry, even with China and South Korea bright spots, to axe 500 jobs globally as Q1 sales slump 45pc

July 15, 2020

Burberry is turning its focus increasingly on higher-profit leather goods as the U.K. label comes to grips with the COVID-19 fallout. Image credit: Burberry Burberry is turning its focus increasingly on higher-profit leather goods as the U.K. label comes to grips with the COVID-19 fallout. Image credit: Burberry

 

By Luxury Daily News Service

U.K. fashion label Burberry will cut 500 jobs as it begins a climb back to normality after the COVID-19 retail lockdowns took their toll on global revenue.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Hublot nods to tennis champion Novak Djokovic with custom chronograph
  2. EssilorLuxottica establishes Inclusion Committee
  3. Louis Vuitton opens applications for biennial Watch Prize
  4. Roche Bobois furnishes boutique resort in Turks and Caicos
  5. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
  6. Ambassador-led storytelling carries holiday campaign from Boucheron
  7. Women now represent 13pc of global billionaire class: Altrata
  8. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  9. Leading with pedigree, Range Rover promotes plug-in SUV
  10. Audemars Piguet unveils collaboration with artist Kaws
VIDEOS
More Videos

MORE IN Apparel and accessories
EssilorLuxottica establishes Inclusion Committee
Dolce & Gabbana, Skims release limited-edition collection
Kering slots new CEOs in at Saint Laurent, Balenciaga
Gucci channels spirit of giving
Louis Vuitton goes big with temporary NYC store
Vestiaire Collective partners with influencers to combat fast fashion



RECENT ARTICLES
Home office boom fading in favor of living room, kitchen refurbs: 1stDibs
Follow @LuxuryDaily for the latest in luxury news
Off the Cuff: A Q&A with Steinway & Sons’ Ben Steiner

EssilorLuxottica establishes Inclusion Committee
Hublot nods to tennis champion Novak Djokovic with custom chronograph
Louis Vuitton opens applications for biennial Watch Prize