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Burberry shares jump on cost savings as 1,700 jobs to go

By Frank Prenesti

Date: Wednesday 14 May 2025

(Sharecast News) - Shares in Burberry jumped on Wednesday as the troubled luxury brand swung to a full-year loss amid a slump in revenue and warned that 1,700 jobs could be at risk as part of its ongoing turnaround plan.
The company posted a £66m pre-tax loss for the year to...

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