Burberry to cut 500 jobs worldwide in £55m cost-saving drive

Plan, which includes 150 UK head office posts, comes as sales slump in Covid-19 crisis

Oprah Winfrey and Jay-Z tap into rising alt-milk star Oatly

Swedish brand taps growing market for milk alternatives as sale of 10% stake values firm at $2bn

Electric cars: five best buys, from new models to used bargains

Most new vehicles can now exceed 200 miles on a single charge. We look at options for every budget

Virgil Abloh takes ‘seasonless’ approach in Louis Vuitton menswear launch

With physical shows out of the question the designer turned to a film made up of cartoons and photos to present new work

Tesla becomes world’s most valuable carmaker without making a profit

Elon Musk’s company outstrips Toyota on stock market as demand for electric cars soars

Worth the hype: are Dior’s Air Jordans the most-wanted trainers of all time?

The fashion house’s update of Michael Jordan’s classic footwear is set to bring joy to sneakerheads and point the way forward for luxury shopping. Is this the restart of hype?