DissentWatch on Nostr: Burberry’s Turnaround Plan Falters, Prepares Job Cuts; Goldman Believes Brand In ...

Burberry’s Turnaround Plan Falters, Prepares Job Cuts; Goldman Believes Brand In “M&A Sweet Spot”

From ZeroHedge

Burberry struggles to revitalize its business through a turnaround plan. The high-end, UK-based luxury clothing company, known for its signature beige check pattern, is failing to resonate with consumers, especially Chinese ones.  Last week, Goldman’s Louise Singlehurst told clients that the troubled designer has a “lack of catalysts for […]

Jul 8th 2024 4:15am EDT

Source Link: https://www.zerohedge.com/markets/burberrys-turnaround-plan-falters-prepares-job-cuts-goldman-believes-brand-ma-sweet-spot

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