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Burberry to cut up to 290 UK jobs | Burberry to cut up to 290 UK jobs |
(30 minutes later) | |
Luxury clothing brand Burberry is to close its plant in Rotherham in South Yorkshire, with the loss of 290 jobs. | Luxury clothing brand Burberry is to close its plant in Rotherham in South Yorkshire, with the loss of 290 jobs. |
It means the only remaining UK plants will be at Castleford and Keighley, following the closure of its plant at Treorchy, south Wales, in March 2007. | |
It is also closing its Thomas Burberry line in Spain, with the loss of about 250 jobs there. | |
Burberry also announced that its like for like sales for the last three months of 2008 fell by 3%. | Burberry also announced that its like for like sales for the last three months of 2008 fell by 3%. |
Burberry chief executive Angela Ahrendts said that its markets, "remained challenging and volatile". | Burberry chief executive Angela Ahrendts said that its markets, "remained challenging and volatile". |
Total sales were £329m, up 30% from the same period of 2007. | Total sales were £329m, up 30% from the same period of 2007. |
But the company said orders from its stores had been lower than expected, especially in Spain and the US. | But the company said orders from its stores had been lower than expected, especially in Spain and the US. |
It predicted in November that its results for the full year would be at the lower end of expectations. | It predicted in November that its results for the full year would be at the lower end of expectations. |