LONDON – Newly-installed chief executive officer Joshua Schulman unveiled a new “Burberry Forward” strategy for the troubled company, which posted a first-half operating loss of 53 million pounds on the back of a 22 percent decline in revenue to 1.09 billion pounds. Schulman, who joined Burberry in July following the departure of Jonathan Akeroyd, said … Read more
LONDON — Burberry’s chief marketing officer Rod Manley is leaving the company later this year, a spokesman for the brand has confirmed. Manley joined Burberry in January 2019, and reported to then-chief executive officer Marco Gobbetti, who left the company in 2021. He reports to the current CEO Jonathan Akeroyd, and leads all marketing, communications … Read more
This story has been updated. LONDON – Burberry’s Christmas wasn’t a merry one, with sales declining in key markets and a lump of coal, in the form of a profit downgrade, in its stocking. The brand, which released its third-quarter trading update a week early, said adjusted operating profit for the 2024 financial year ending … Read more
