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Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge
Burberry is cutting more than 1,500 jobs worldwide after the British luxury fashion brand saw a steep drop in profits.
The company will lay off about 1,700 workers by 2027, Burberry said in an earnings report on Wednesday, May 14. The job cuts are part of a broader restructuring plan, aiming to save 100 million British pounds.
The cuts will come from operational expenses, including procurement, real estate, and staffing. Burberry said the changes are "subject to consultation where applicable."
The layoffs follow a difficult year for Burberry, which reported a 94% drop in adjusted oper…
Olympic Gold Medalist Kyle Snyder Arrested In Prostitution Sting: Police
Kyle Snyder, the youngest American to win Olympic gold in wrestling, was arrested in a prostitution sting in Columbus, Ohio, police announced on Monday, May 13.
The 28-year-old was caught during an undercover operation by the Columbus Division of Police’s Police and Community Together (PACT) unit, aimed at curbing prostitution on the city’s north side, according to Sgt. Joe Albert.
Snyder contacted an undercover ad around 8:15 p.m. on Thursday, May 9, and arranged a meetup at a nearby hotel, Albert said. Officers say Snyder arrived roughly 20 minutes later, paid cash, and solicited a sexual…
Trump Lies About $1.98 Gas: See Where That Number Likely Came From
President Donald Trump says gas is down to $1.98 a gallon, but that number doesn't exist at any pump in the country.
In early May, Trump has repeatedly claimed gas has fallen below $2 a gallon. He made the claim in the White House, social media posts, and during an interview with NBC's Meet the Press on Sunday, May 4.
Trump also said gas was $1.98 a gallon when speaking with ABC News on Tuesday, April 29, at the end of his first 100 days back in the Oval Office.
"So now, if you look at what's happened, energy is down," Trump said. "Gasoline hit $1.98 in a few states during the last co…
UDel Grad Student, 24, Killed By Fugitive Fleeing Cops In U-Haul Van, Police Say
A 24-year-old Maryland woman has been identified as the victim killed by a man wanted out of multiple states when he plowed into pedestrians and parked cars in a stolen U-Haul van in Delaware, authorities announced.
Gordon Turner, 22, of New Castle, DE was arrested and is facing multiple charges in the Monday, April 29 crash that left Marina Vasconcelos, of Northeast, MD, dead, police said in a news release Thursday, May 1.
Last summer, Vasconcelos announced that she had gotten engaged while in Cape May, NJ. According to LinkedIn, she was a third-year Ph.D. candidate at UDel pursuing a…
