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 ...
Burberry brand value plunges 42% as group threatens to become …
WEB6 days ago · Burberry’s brand value has plunged in the past year as the company fights the dual challenges of a luxury downturn and a disastrous internal turnaround plan. Kantar’s annual BrandZ ranking of ...
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...
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’s New CEO Pledges He Won’t Take Brand Down Market
WEBSep 17, 2024 · Burberry’s New CEO Pledges He Won’t Take Brand Down Market. Trench coat maker will seek better balance on prices: CEO; CEO Joshua Schulman speaks after Burberry Spring fashion show
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 Stories | News | Burberry® Official - Burberry®️ Official
WEBView the latest news from Burberry, including collaborations, campaigns and new collections.
Burberry warns on profit as luxury demand ebbs | Reuters
WEBLONDON, Jan 12 (Reuters) - Britain's Burberry (BRBY.L) blamed a worsening slowdown in demand for luxury goods for its second downgrade in three months, and warned of a tough challenge ahead...
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...