Burberry’s New CEO Pledges He Won’t Take Brand Down Market
WEB2 days ago · September 17, 2024 at 7:25 AM EDT. Save. Burberry’s new American boss says taking Britain’s best-known fashion brand down market is not in the cards. Instead, Joshua Schulmansaid he wants to ...
Burberry CEO is out after company warns about its profit
WEBJul 15, 2024 · Jonathan Akeroyd is leaving Burberry with “immediate effect,” the company said in its earnings release Monday, and replacing him with Joshua Schulman, a luxury wear veteran that has held CEO ...
With new CEO onboard, Burberry takes a more muted tack
WEB2 days ago · Investors will surely be monitoring any signs of recovery: earlier this month Burberry dropped out of the UK’s FTSE 100 index due to weak sales and a shrinking share price. For now, Lee is ...
Who is Joshua Schulman, Burberry's new CEO and luxury veteran?
WEBJuly 15 (Reuters) - British luxury brand Burberry (BRBY.L) named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year. He will...
Burberry Replaces C.E.O. Amid ‘Disappointing’ Results
WEBJul 15, 2024 · Burberry, Britain’s largest and most identifiable luxury brand, on Monday reported falling sales, suspended its dividend and replaced its chief executive, as it grapples with a pullback in...
New Burberry chief faces tough choices on high-end ambitions
WEBPARIS, July 19 (Reuters) - Burberry's new boss Joshua Schulman faces an immediate strategy dilemma. On Monday, the former head of Coach was appointed to replace Jonathan Akeroyd, becoming the...
Burberry replaces chief executive and warns on profits - Financial Times
WEBJul 15, 2024 · Fashion group Burberry has replaced its chief executive and suspended its dividend after warning that annual profits will fall short of expectations.
Burberry warns of tough first-half trading as profits fall sharply
WEBMay 15, 2024 · Burberry has warned that trading will remain “challenging” after slowing demand for luxury goods hit its full-year profits. The group, best known for its trenchcoats, said pre-tax profits in the...
Burberry replaces CEO, suspends dividend; shares dive 16%
WEBJul 15, 2024 · Shares in Burberry plunged 16% on Monday after a disappointing fiscal first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend. The 168-year-old British ...
Burberry launches refreshed website to mark new creative era
WEBSep 11, 2023 · Burberry has unveiled its refreshed e-commerce website, marking a new era and creative vision for the brand. The website offers an inspiring and immersive experience which encourages customers to explore Burberry’s highly anticipated Winter 23 collection, as well as heritage pieces, with ease.