Burberry set to cut number of products
Slide in profits results in simplification of offering
Luxury retail giant Burberry has said that it intends to cut its product offering, after it announced a slide in profits in its latest results.
“Progress in the half includes identifying further opportunities to simplify our offering with a 15-20 per cent planned reduction in the number of options for the upcoming November market, following a similar reduction in May.”
Burberry statement
