Latest news with #NaomiCampbell
South Wales Argus
18-07-2025
- Business
- South Wales Argus
Burberry ‘encouraged' by turnaround progress amid job cuts
The London fashion house revealed that retail revenues fell by 6% to £433 million for the 13 weeks to June 28, compared with a year earlier, amid a drag from currency rates. However, it reflected a slowdown in the group's sales decline amid efforts to turn around its fortunes after coming under pressure from weaker luxury spending. Last November, the group launched a £40 million cost-cutting programme after first sinking to a loss. Naomi Campbell walked the Burberry Autumn/Winter 25 runway at London Fashion Week (Jordan Pettitt/PA) In May, the company announced proposals to cut about 1,700 jobs worldwide over the next two years as part of the shake-up. In its fresh update, Burberry said it has made some progress in its transformation efforts but is still in the 'early stages' of the potential turnaround. The company said: 'In the first half, we are continuing to prioritise investment and expect to see the impact of our initiatives build as the year progresses.' It pointed towards efforts to simplify its operations and improve productivity in a bid to improve profit margins. In the latest quarter, Burberry said there were improvements across its main regions, amid strong sales of 'outerwear and scarves'. Comparable retail sales grew by 1% in Europe, the Middle East, India and Africa (EMEIA) as positive local spending helped to offset declines among tourists. Meanwhile, its Americas business reported growth of 4% for the quarter. However, it said sales in Greater China fell 5% for the quarter, while its Asia Pacific division saw a drop of 4%, driven by a 'challenging performance in Japan'. Joshua Schulman, chief executive of Burberry, said: 'The improvement in our first quarter comparable sales, strength in our core categories, and uptick in brand desirability gives us conviction in the path ahead. 'Our autumn 2025 collection is being well received by a broad range of luxury customers as it arrives in stores. 'Although the external environment remains challenging and we are still in the early stages of our transformation, we are encouraged by the initial progress we are starting to see.'
The Herald Scotland
18-07-2025
- Business
- The Herald Scotland
Burberry ‘encouraged' by turnaround progress amid job cuts
However, it reflected a slowdown in the group's sales decline amid efforts to turn around its fortunes after coming under pressure from weaker luxury spending. Last November, the group launched a £40 million cost-cutting programme after first sinking to a loss. Naomi Campbell walked the Burberry Autumn/Winter 25 runway at London Fashion Week (Jordan Pettitt/PA) In May, the company announced proposals to cut about 1,700 jobs worldwide over the next two years as part of the shake-up. In its fresh update, Burberry said it has made some progress in its transformation efforts but is still in the 'early stages' of the potential turnaround. The company said: 'In the first half, we are continuing to prioritise investment and expect to see the impact of our initiatives build as the year progresses.' It pointed towards efforts to simplify its operations and improve productivity in a bid to improve profit margins. In the latest quarter, Burberry said there were improvements across its main regions, amid strong sales of 'outerwear and scarves'. Comparable retail sales grew by 1% in Europe, the Middle East, India and Africa (EMEIA) as positive local spending helped to offset declines among tourists. Meanwhile, its Americas business reported growth of 4% for the quarter. However, it said sales in Greater China fell 5% for the quarter, while its Asia Pacific division saw a drop of 4%, driven by a 'challenging performance in Japan'. Joshua Schulman, chief executive of Burberry, said: 'The improvement in our first quarter comparable sales, strength in our core categories, and uptick in brand desirability gives us conviction in the path ahead. 'Our autumn 2025 collection is being well received by a broad range of luxury customers as it arrives in stores. 'Although the external environment remains challenging and we are still in the early stages of our transformation, we are encouraged by the initial progress we are starting to see.'
Glasgow Times
18-07-2025
- Business
- Glasgow Times
Burberry ‘encouraged' by turnaround progress amid job cuts
The London fashion house revealed that retail revenues fell by 6% to £433 million for the 13 weeks to June 28, compared with a year earlier, amid a drag from currency rates. However, it reflected a slowdown in the group's sales decline amid efforts to turn around its fortunes after coming under pressure from weaker luxury spending. Last November, the group launched a £40 million cost-cutting programme after first sinking to a loss. Naomi Campbell walked the Burberry Autumn/Winter 25 runway at London Fashion Week (Jordan Pettitt/PA) In May, the company announced proposals to cut about 1,700 jobs worldwide over the next two years as part of the shake-up. In its fresh update, Burberry said it has made some progress in its transformation efforts but is still in the 'early stages' of the potential turnaround. The company said: 'In the first half, we are continuing to prioritise investment and expect to see the impact of our initiatives build as the year progresses.' It pointed towards efforts to simplify its operations and improve productivity in a bid to improve profit margins. In the latest quarter, Burberry said there were improvements across its main regions, amid strong sales of 'outerwear and scarves'. Comparable retail sales grew by 1% in Europe, the Middle East, India and Africa (EMEIA) as positive local spending helped to offset declines among tourists. Meanwhile, its Americas business reported growth of 4% for the quarter. However, it said sales in Greater China fell 5% for the quarter, while its Asia Pacific division saw a drop of 4%, driven by a 'challenging performance in Japan'. Joshua Schulman, chief executive of Burberry, said: 'The improvement in our first quarter comparable sales, strength in our core categories, and uptick in brand desirability gives us conviction in the path ahead. 'Our autumn 2025 collection is being well received by a broad range of luxury customers as it arrives in stores. 'Although the external environment remains challenging and we are still in the early stages of our transformation, we are encouraged by the initial progress we are starting to see.'
Western Telegraph
18-07-2025
- Business
- Western Telegraph
Burberry ‘encouraged' by turnaround progress amid job cuts
The London fashion house revealed that retail revenues fell by 6% to £433 million for the 13 weeks to June 28, compared with a year earlier, amid a drag from currency rates. However, it reflected a slowdown in the group's sales decline amid efforts to turn around its fortunes after coming under pressure from weaker luxury spending. Last November, the group launched a £40 million cost-cutting programme after first sinking to a loss. Naomi Campbell walked the Burberry Autumn/Winter 25 runway at London Fashion Week (Jordan Pettitt/PA) In May, the company announced proposals to cut about 1,700 jobs worldwide over the next two years as part of the shake-up. In its fresh update, Burberry said it has made some progress in its transformation efforts but is still in the 'early stages' of the potential turnaround. The company said: 'In the first half, we are continuing to prioritise investment and expect to see the impact of our initiatives build as the year progresses.' It pointed towards efforts to simplify its operations and improve productivity in a bid to improve profit margins. In the latest quarter, Burberry said there were improvements across its main regions, amid strong sales of 'outerwear and scarves'. Comparable retail sales grew by 1% in Europe, the Middle East, India and Africa (EMEIA) as positive local spending helped to offset declines among tourists. Meanwhile, its Americas business reported growth of 4% for the quarter. However, it said sales in Greater China fell 5% for the quarter, while its Asia Pacific division saw a drop of 4%, driven by a 'challenging performance in Japan'. Joshua Schulman, chief executive of Burberry, said: 'The improvement in our first quarter comparable sales, strength in our core categories, and uptick in brand desirability gives us conviction in the path ahead. 'Our autumn 2025 collection is being well received by a broad range of luxury customers as it arrives in stores. 'Although the external environment remains challenging and we are still in the early stages of our transformation, we are encouraged by the initial progress we are starting to see.'
Yahoo
17-07-2025
- Entertainment
- Yahoo
Serena Williams wows fans with remarkable body 'transformation' in must-see photos
Serena Williams is once again serving up inspiration, but this time, it's her incredible post-retirement fitness journey that's captivating fans across Instagram. After an emotional farewell to the courts at the US Open and welcoming her second child in August 2023, Serena has been dedicated to maintaining her formidable athletic physique. You may also like Venus Williams' private life with actor boyfriend, her health battle and more Serena Williams kept 'in check' by daughter, 8, who scolds her outfit choice — watch Wimbledon: The 21 best tennis player style moments of all time Her recent social media snaps showcase the stunning results of her hard work, leaving followers in awe of her toned body and sculpted abs. Accompanying one of the powerful images, the sports legend simply captioned: "Working out and working on my angles." Naomi Campbell was among the first to comment, adding a series of hot flame emojis. One fan remarked: "Sis, You look amazing! You have always inspired me. Just Be." Another post read: "Amazing transformation Serena!! It felt like when you left tennis you were exhausted and overwhelmed. It couldn't have been easy being a CHAMPION yet still having to deal with the world watching and scrutinizing your every move. I'm so glad you had time to just focus on being the best version of you that you can be and I hope you come back to smash it one more time." Just last week, Serena made a surprise appearance at an intimate afternoon cocktail reception hosted by Evan Ross, Ross Naess and family in the Vesper Bar at The Dorchester. She wowed in a strappy mustard yellow number from Farm Rio. The chic number featured an asymmetrical neckline, adorned with dramatic, oversized floral appliqués and intricate pleats. It's an exciting time for Serena, who is teaming up with her sister Venus Williams, where they will soon launch a new video podcast on X. The podcast will centre around guest interviews with "visionaries, creators and rulebreakers passionate about shattering the status quo" to give listeners "a front-row seat into their playful banter and undeniable bond". "We're so excited to be launching our new podcast, a place where we will share our personal stories, have authentic conversations, spotlight important topics, and laugh a lot," the Williams sisters said in a joint statement, reported Variety. "This platform gives us the chance to engage directly with our fans who have supported us throughout our careers, and we're excited to connect with audiences, old and new, in a way we've never done before."
