Burberry was upbeat Thursday as it reported annual results for the year to March 31. Christopher Bailey talked of “early success with key revenue drivers” as “newness outperformed,” and it saw mid-teens growth in bags.
Burberry has announced the appointment of Judy Collinson as chief merchandising officer. The former Christian Dior VP will drive the company’s product strategies as the business repositions itself for growth.
Burberry delivered a mix trading update on Wednesday morning. There were signs that the firm is getting back on the recovery trail as its new bags and outerwear are selling well, but also that there is still work to do.
The house of Givenchy has chosen as its new creative director Clare Waight Keller, breaking the news on - what else? - Instagram. A British designer succeeding an Italian at one of France's classiest houses.
Marco Gobbetti, recruited last year from French brand Céline to be chief executive of Burberry, will start work next week and take on full responsibilities in July, the British luxury goods company said on Monday.