Burberry CEO is out after company warns about its profit
Jul 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 ...
Who is Joshua Schulman, Burberry's new CEO and luxury veteran?
July 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 jumps after chief vows to ‘act with urgency’ following loss
4 days ago · Burberry’s new chief executive said he was “acting with urgency” to stabilise the British luxury brand as it swung to a half-year loss and unveiled a turnaround plan, sending its shares up ...
Burberry shares hit intraday high as overhaul strategy marks …
3 days ago · Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high. Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under ...
Burberry Replaces C.E.O. Amid ‘Disappointing’ Results
Jul 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...
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Burberry replaces chief executive and warns on profits - Financial Times
Jul 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 boss ousted as sales continue to fall - BBC News
Jul 15, 2024 · Fashion brand Burberry has changed its boss in a bid to revive itself in the face of plunging sales. The company said Joshua Schulman, the former head of US brand Michael Kors, will take over as...
Burberry replaces CEO, suspends dividend; shares dive 16%
Jul 15, 2024 · Shares in Burberry plunged Monday after a disappointing first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.
UK luxury brand Burberry gets new boss to revive revamp
LONDON, July 15 (Reuters) - British luxury group Burberry (BRBY.L) on Monday sacked its CEO and named former Coach boss Joshua Schulman to replace him, as it promises a "more familiar" look...
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