UK luxury brand Burberry may cut around 1,700 roles globally under its Burberry Forward plan, aimed at boosting profitability, agility, and efficiency.
The strategy targets £100 million (~$125 million) in annual savings by FY27.
In FY25, revenue fell 17 per cent to £2.5 billion (~$3.1 billion), but H2 sales improved following brand repositioning, product focus, and visual upgrades.