Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according ...

Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans ...

Burberry is rejuvenating its brand by emphasizing classic outerwear over leather goods, with innovations like 'scarf bars' in ...

A recent Oliver Wyman survey found that Chinese travelers are not only spending less on luxury goods, but also turning to ...

Burberry unveiled a new strategy this morning after reporting a pre-tax loss of £80 million. Will the stock come back into ...

Burberry Thursday outlined a new strategy that will focus on scarves and the outerwear such as trenchcoats it is known for as ...

Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 ...

Burberry, like other luxury goods companies, has had a tough time as consumers’ appetite for luxury fell in China and elsewhere, but the retailer has lagged in the industry-wide slowdown. Schulman, ...

Indian consumer goods maker Marico expects urban consumption will take at least six months to revive, its managing director told Reuters, signaling more pain for the sector from food inflation which ...

They are down more than 40% so far in 2024, including Thursday's rally. Burberry, like other luxury goods companies, has had ...

It’s also had to question its path as the pandemic changed how people thought about luxury goods—particularly in China, where ...

Learn about the potential impact of new tariffs on everyday items. Find out how higher prices could affect your household ...