Why Burberry CEO is “more confident than ever” in the brand’s future

Actor Pierce Brosnan wearing a plaid Burberry scarf and a tan jacket.
Actor Pierce Brosnan wearing a plaid Burberry scarf and a tan jacket.
Two years after Burberry CEO Joshua Schulman rolled out his turnaround strategy for the heritage fashion brand, the luxury retailer has returned to profit. Now, Burberry sees a strong opportunity to drive further growth with Gen Z consumers in China. In an earnings update on November 12, Burberry reported a US$25 million (A$36.7 million) pre-tax profit for the six months to September 26, reversing a US$63 million (A$92.6 million) loss in the same period last year. Revenue rose to US$1.45 billion

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