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Potential job losses at Burberry as it cuts costs – Intelligent CXO
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Potential job losses at Burberry as it cuts costs – Intelligent CXO
British luxury brand, Burberry, has said it could cut 1,700 jobs while carrying out plans to make savings. The clothing brand reported a pre-tax loss of £66 million in the last financial year. In November, the company launched Burberry Forward, its immediate intervention to reset the brand storytelling, enhance visual merchandising in stores and online and align product focus to its core categories. It has resulted in a significant improvement i…
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