299
Fashion Jobs
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
L'OREAL GROUP
Retail And Education Manager
Permanent · HONG KONG
TORY BURCH
Senior Manager, Retail Training, Asia
Permanent · HONG KONG
By
Reuters
Published
Feb 17, 2010
Download
Download the article
Print
Text size

Burberry restructures in Spain

By
Reuters
Published
Feb 17, 2010

LONDON (Reuters) - Luxury goods group Burberry (BRBY.L) will restructure its loss-making operations in Spain, ceasing the production of exclusive collections and closing a facility that will likely mean 300 job losses.

Burberry
Burberry autumn-winter 2009/2010

The firm said on Wednesday 17 February that with Spain enduring a prolonged economic downturn it was no longer viable to design and sell collections exclusively for the Spanish market.

Burberry said it will cease production of a local collection in Spain after autumn/winter 2010, closing a facility in Barcelona.

The firm will introduce its global collection with effect from spring/summer 2011 across all channels in Spain -- directly operated stores, concessions and wholesale.

It will take a one-off charge associated with the restructuring of 50-70 million euros.

Burberry said losses are now expected in Spain in the 2009/10 year and beyond. However, it said group profit before tax for 2009/10 remains in line with expectations.

Last month Burberry smashed third-quarter sales forecasts and predicted annual profit towards the (then) top end of expectations.

Shares in Burberry were up 1.5 percent at 628 pence at 9:21 a.m., valuing the business at 2.73 billion pounds.

(Reporting by James Davey, editing by Mark Potter)

© Thomson Reuters 2024 All rights reserved.