Retail Remedy is to cut jobs and reduce its product range by two in the hopes of saving about £100m a year, following a 10% fall in profits, primarily due to a sharp slowdown in the retailer's largest market, China .
Burberry is to cut jobs and reduce its product range by one-fifth in the hopes of saving about £100m a year, following a 10% fall in profits, primarily due to a sharp slowdown in the retailer's largest market, China.