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Burberry’s high-fashion bet faltered. Now it’s back to trench coats and check

Profit improved as adjusted operating profit rose to £160 million and gross margin climbed 5.3%, while Schulman said the turnaround strategy is working.

After pushing too far upmarket, Burberry is returning to classic trench coats, scarves and its famous check pattern – a more accessible strategy that looks a lot like Coach’s playbook.

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Fashion Capital broke the news on Thursday, May 14, 2026.
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