Despite its rich heritage, Burberry faces challenges in the highly competitive world of luxury fashion.
The company has struggled with declining sales in recent years, and has had to adapt to changing consumer preferences and increasing competition from newer, edgier brands.
In addition, the pandemic has forced Burberry to adjust its business model and focus on e-commerce, but it remains to be seen whether these efforts will be enough to revitalize the brand and appeal to a new generation of consumers.