The British design giant Burberry revealed intentions to lay off 1,700 workers, or about one-fifth of its global staff. The action is a significant cost-cutting measure to improve the operation of the business. The layoffs are a part of a larger restructuring led by CEO Joshua Schulman, who joined
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Burberry, the luxury fashion brand founded by Thomas Burberry in 1856, has undergone a remarkable evolution from its origins as a producer of waterproof fabrics to becoming a global symbol of opulence and sophistication. Offering a diverse range of personal accessories, footwear, and clothing, Burberry seamlessly blends high fashion with
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