Burberry Appoints Joshua Schulman as CEO amid Earnings Warning

Monday, 15 July 2024, 10:29

Burberry, the iconic fashion house, has appointed Joshua Schulman as its new Chief Executive Officer. The company projects a first-half operating loss, signaling challenges ahead. The leadership change comes amidst a pivotal moment for Burberry as it navigates through financial uncertainties.

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New Burberry CEO Announcement

Burberry has named Joshua Schulman as their new Chief Executive Officer, marking a significant leadership change within the renowned fashion brand. The appointment comes at a crucial time for Burberry.

Operating Loss Forecast

Burberry has issued a warning projecting a first-half operating loss, reflecting the current economic challenges facing the luxury fashion sector. The anticipated loss underscores the need for strategic decision-making moving forward.

Joshua Schulman assumes the role of CEO.
Burberry expects a first-half operating loss.

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