Friday February 28, 2020

Burberry set to cut number of products

Slide in profits results in simplification of offering

13th November, 2016
2
Burberry announced a slide in profits in its latest results

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

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