The co-founder of the Experienced Capital fund and ex-SMCP director has joined the board of the Florentine label, currently in the midst of a transition phase. Future CEO Marco Gobbetti will start in January 2022.
Burberry has unveiled its SS22 collection and unlike many luxury peers, has shown digitally. It also named a new data and analytics chief, the new post underlining the importance of those functions to the brand.
In a busy Saturday in Milan, Giorgio went Zen master in his private palazzo, Dolce & Gabbana presented disco damsels, Ermanno Scervino refocused with force and Salvatore Ferragamo had a tricky delivery.
Italy's Salvatore Ferragamo said on Tuesday its retail sales in July and August were close to pre-coronavirus levels, after returning to operating profit in the first half of 2021 from a pandemic-driven loss last year.
Former CEO of Brioni Gianluca Flore, who moved to Burberry in 2017 to oversee the British luxury brand’s operations in the Americas, will step into his new role as chief commercial officer from September 1.
Burberry lost almost £1 billion off its market capitalisation on Monday, following the announcement that CEO Marco Gobbetti is to leave, as worries over who will continue to lead its strategic transformation surfaced.