Emma Powell: British designer falls out of fashion
The timing is terrible for Burberry’s makeover. Over the past two years, the British fashion house has made changes to the three top roles. That includes Daniel
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The timing is terrible for Burberry’s makeover. Over the past two years, the British fashion house has made changes to the three top roles. That includes Daniel
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The British fashion brand, worn by actress Jodie Comer (pictured), suffered its biggest share price fall in over a decade - thanks to subdued demand.
Burberry is likely to miss its annual revenue forecast for FY24 as global luxury demand weakens, the company said in its latest report.
The slowdown in the luxury market following a post-pandemic boom could not come at a worse time for Burberry, with designer Daniel Lee's first styles for the British label trickling into newly...