Burberry has announced a leadership change as the luxury fashion house faces a significant financial downturn.Joshua Schulman takes over as CEO following Jonathan Akeroyd’s immediate departure.The…
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British luxury brand, Burberry, faces potential job cuts amid declining profits.Profits have plummeted by 34% to £418 million for the fiscal year ending March 2024.Restructuring plans…
The exit of Yoox Net-A-Porter (YNAP) from the Chinese market marks a strategic shift, focusing on profitability.The decision follows the termination of a strategic partnership with…
Burberry’s Chief Marketing Officer, Rod Manley, is set to leave by the year’s end amidst declining company performance.Manley joined Burberry in 2019, previously working at Calvin…