Risers and Fallers

FTSE 250 movers: Burberry surges on cost-cutting plan

By Frank Prenesti

Date: Wednesday 14 May 2025

(Sharecast News) - FTSE 250 (MCX) 20,843.49 0.40%


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...

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