Burberry struggles as upmarket push falters
Shares in Burberry closed more than 16% lower yesterday after the company unveiled dismal trading figures for the first quarter of the year
Business Correspondent
Kristy Dorsey is Business Correspondent for The Herald, having worked in journalism for more than 25 years. She covers Scottish business news across all sectors and writes commentary on the economy. Ms Dorsey’s journalism honours include finalist Business Journalist of the Year at the 2022 Scottish Press Awards.
Kristy Dorsey is Business Correspondent for The Herald, having worked in journalism for more than 25 years. She covers Scottish business news across all sectors and writes commentary on the economy. Ms Dorsey’s journalism honours include finalist Business Journalist of the Year at the 2022 Scottish Press Awards.
Shares in Burberry closed more than 16% lower yesterday after the company unveiled dismal trading figures for the first quarter of the year
New Burberry chief executive Joshua Schulman has a tough task on his hands to turn around the fortunes of the luxury UK brand
Shares in luxury retailer Burberry fell this morning after the group warned of plunging sales in the first quarter
Paddy Graham, head of Scotland at the Business Growth Fund (BGF), has overseen more than £400m of investment in SMEs across Scotland
Housebuilder Springfield Group has named two new managing directors as it seeks growth in a challenging market
Revenues at Aberdeen-headquartered Wood Group were 6% lower in the first half of the year as the company awaits the next move by Sidara
Scotland accounted for almost one-fifth of all UK equity deals involving university spinouts in 2023 but total investment values fell by half
The Cabrach Trust is opening a new whisky distillery to help rebuild the dwindling rural community
New figures from the Scottish Retail Consortium show that shoppers cut back on spending across virtually all categories in June
The incoming Labour government has promised to overhaul employee rights to "Make Work Pay"
Data returned from the Piano 'meterActive/meterExpired' callback event.
As a subscriber, you are shown 80% less display advertising when reading our articles.
Those ads you do see are predominantly from local businesses promoting local services.
These adverts enable local businesses to get in front of their target audience – the local community.
It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times.