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...
Burberry appoints Joshua Schulman as Chief Executive Officer
Jul 15, 2024 · Burberry today announces the appointment of Joshua Schulman as Chief Executive Officer and Executive Director. Joshua replaces Jonathan Akeroyd who is stepping down and leaving the Company with immediate effect by mutual agreement with the Board.
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 now a 'takeover target' as the fashion label gets
Sep 5, 2024 · British luxury fashion label Burberry is set to exit London’s FTSE 100 after 15 years at the top-tier index, the stock exchange announced Wednesday, as analysts cited strategic mistakes and weak...
Burberry replaces CEO, suspends dividend; shares dive 16%
Jul 15, 2024 · Shares in Burberry plunged 16% on Monday after a disappointing fiscal first-quarter performance led it to issue a profit warning, replace its CEO and axe its dividend.
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 American boss says taking Britain’s best-known fashion brand down market is not in the cards.
Burberry appoints a new CEO as the fashion ... - Associated Press News
Jul 15, 2024 · LONDON (AP) — British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales.