News > Job Cuts at Burberry After Poor Sales
20 January 2008
Burberry is to cut 540 jobs as the fashion brand suffered poor sales for the last three months trading of 2008. As part of a plan to save £50 million a year the brand is closing its sewing factory in Rotherham with the lose of 290 jobs.
After seeing disappointing sales of their Thomas Burberry brand, a range aimed at the youth market, Burberry also plans to cut 250 jobs in Spain.
Burberry's chief executive, Angela Ahrendts, said the cost-cutting drive would help the company "trade through the current difficult environment and emerge even stronger when the global economy recovers". She said Burberry expected to hit its profit expectations.
More reading:
540 jobs under threat as Burberry cuts costs
Burberry to cut up to 290 UK jobs
