Equestrian Knights device logo on the flag outside the Burberry Group PLC Luxury Boutique in London, UK on Tuesday, May 13th, 2025.
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Burberry On Wednesday, it announced many organizational changes amid continuing efforts in the upscale homes they fought.
The company said the measure could lead to “reducing people-related costs” over the lifetime, scheduled to be completed in 2027, “which could affect around 1,700 roles worldwide.”
Burberry It was slightly less than expected in the fourth quarter, down 6% in the three months leading up to March. Analysts expected a 7% decline on consensus estimates compiled by the company.
Fiscal year sales fell 12% compared to the expected 13% decline. Overall annual revenue was £2.461 million ($3.273 million), slightly above the estimated £2.455 billion.
Burberry had flagged a 4% increase in US sales in the third quarter amid weaknesses in the Asia-Pacific region and regions in Europe, the Middle East, India and Africa.
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