Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Burberry to restructure Spanish division

Luxury heritage brand Burberry is to restructure its Spanish arm in a bid to bring the division in line with the global business.

The restructure will result in the closure of the Burberry design office in Barcelona in Spain. Burberry will also stop creating a Spanish specific collection, and will instead sell the global Burberry collection into the market.

Burberry said the Spanish arm of Burberry is expected to deliver losses in the year to 2010, and beyond. The one-off charge associated with the planned restructuring will be between €50m (£44m) to €70m (£61m).

The closure of the Barcelona office could result in up to 300 redundancies.

Burberry said in a statement: “Following this proposal, Burberry will continue to have a strong presence in
Spain through its directly-operated stores, concessions and the wholesale channel, profitably distributing the global collection.”



Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.