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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 plant will be at nearby Castleford, following the closure of its plant at Treorchy, south Wales, in March 2007. 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 business in Spain, with the loss of about 250 jobs there. 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.