Luxury clothing company Burberry is being forced to slash 290 jobs in a bid
to cope with struggling sales.
In Spain, the closure of its Thomas Burberry business has cost a further 250
Burberry’s difficulties have put the breaks on its expansion into emerging
nations. CFO Stacey Cartwright is reported saying that fewer stores would be
opened in 2009.
Capital spending would need to be halved, to around £45m in fiscal 2010,
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Peter Terry joins the North West advisory team
The average cost of fraud increased 35.4% to £3.9m in 2016, compared to 2015 data
Political and economic uncertainty behind the fall in confidence