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Burberry cleans up its wardrobe to make way for a new chief

Bloomberg Burberry Group Plc says a sleeker cut will help Chief Executive Officer Marco Gobbetti lift the brand’s image when he takes over in July. The UK trenchcoat maker said on Thursday that it has sacrificed some sales in the short term in order to strengthen its luxury credentials in a bid to raise profitability down the road. It said ...

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Singapore Airlines reports $99.3mn loss on cargo provisioning

Bloomberg Singapore Airlines Ltd., Southeast Asia’s biggest carrier, posted a surprise fourth-quarter loss after making a provision for its cargo unit, while the main carrier had a loss amid competition from budget operators in the region. The carrier reported a net loss of S$138.3 million ($99.3 million), compared with an estimate for a profit for S$54.3 million in a Bloomberg ...

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Deer Jet’s 787 ‘Dream Jet’ makes ME debut in Qatar

Doha / Emirates Business Leading global business aviation company Deer Jet, presented the world’s first 787 ‘Dream Jet’, with its Middle East debut, making a stopover at Doha International Airport. The ‘flying’ visit is part of a series of showcases across the globe in Deer Jet’s ‘Dreams Encounter the World’ tour of key international charter destinations. Established 22 years ago ...

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