TURNAROUND TARGETS

Chopping costs to save £100m a year by the end of 2019

Refreshing designs – particularly its range of handbags

Cutting the number of products by up to a fifth

Putting more VIP sales assistants in stores

Streamline its presence in US department stores where its clothes can be viewed as mid-market

New website and mobile app to drive online sales

Possibility of new designers to overhaul its fashion range