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Burberry Narrows First-Half Loss Amid Turnaround Plan

Burberry Narrows First-Half Loss Amid Turnaround Plan

Burberry, the venerable British luxury label renowned for its distinctive check and heritage trench coats, has revealed a significant narrowing of its half-year losses. The results, published on Thursday, suggest that the brand’s comprehensive “turnaround plan,” initiated a year ago, is beginning to yield tangible fiscal benefits despite a challenging global environment for high-end retail. […]
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