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 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...
A Burberry takeover is not for the faint hearted - Financial Times
6 days ago · For an idea of the optimism required here: say a buyer would have to shell out some £5bn for Burberry, including a 30 per cent takeover premium and £1.1bn of debt. Even assuming that cheaper ...
Moncler not in talks to take over Burberry, sources say
1 day ago · LONDON/MILAN, Nov 11 (Reuters) - Italy's Moncler <MONC.MI> is not in talks to take over Burberry (BRBY.L) , four sources close to the matter said on Monday in response to a report by Britain's ...
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.
Burberry shares soar on rumours of luxury takeover - but British ...
Nov 4, 2024 · Shares in the quintessential British luxury retailer Burberry saw a notable uplift this morning amidst speculations that the fashion icon might become a takeover target for Moncler, the Italian high-end outerwear label. The surge in Burberry's market value came following an initial seven per cent ...
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.
New Burberry chief faces tough choices on high-end ambitions
PARIS, 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’s New CEO Pledges He Won’t Take Brand Down Market
Sep 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
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