Burberry is in the midst of a turnaround plan aimed at boosting sales and cutting costs as the global luxury sector struggles with weak consumer demand and the impact of US tariffs

Burberry is in the midst of a turnaround plan aimed at boosting sales and cutting costs as the global luxury sector struggles with weak consumer demand and the impact of US tariffs

 HENRY NICHOLLS

British luxury fashion label Burberry rejoined London's FTSE 100 on Monday, one year after exiting the top-tier stock index, and ahead of unveiling its latest collection at London Fashion Week.  

The company is in the midst of a turnaround plan aimed at boosting sales and cutting costs as the global luxury sector struggles with weak consumer demand, notably from China, and the impact of US tariffs. 

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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