Company’s enthusiasm for building new manufacturing site waned after Brexit vote
Burberry has scrapped plans for a new factory to produce its trademark trenchcoats in Leeds. The site had been the centrepiece of a vaunted £50m investment in its British manufacturing base.
The luxury brand announced the ambitious plan in 2015 but has now confirmed that the 4-hectare (10-acre) site in Leeds is to be sold off after several years of stalling in the wake of the Brexit vote. The scheme was the brainchild of Burberry’s last chief executive, Christopher Bailey.
Continue reading...from The Guardian http://bit.ly/2VeBFvS
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