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Burberry to cut 500 jobs, blames slow recovery

Video Credit: Reuters Studio
Published on July 15, 2020 - Duration: 00:55s

Burberry to cut 500 jobs, blames slow recovery

Luxury brand Burberry said on Wednesday it would cut about 500 jobs globally, including 150 British-based office roles, as it forecast no quick recovery in demand, particularly from high-spending tourists.

Francis Maguire reports.

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