Burberry appoints new boss as sales slump
Source: BBC
UK fashion group Burberry has appointed a new boss as it looks to halt a slump in sales.The company said Joshua Schulman, the former boss of US brands Michael Kors and Coach, will take over as chief executive.Mr Schulman replaces Jonathan Akeroyd, who is leaving Burberry "with immediate effect by mutual agreement with the board", the company said. His departure came as Burberry reported a sharp fall in sales for…
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