Former Coach boss Joshua Schulman to take control as Jonathan Akeroyd departs with immediate effect
Business live – latest updates
Burberry has warned again on profits and ousted its chief executive, as the struggling British luxury fashion brand announced a change of direction to “reconnect” with core customers.
In an unscheduled trading update on Monday, Burberry said Jonathan Akeroyd was leaving the company with immediate effect and “by mutual agreement with the board”. It comes less than three years after the former Versace boss was appointed in 2021.
More Stories
Qantas posts $1.39bn profit as holidaymakers flock to Jetstar
Nvidia beats Wall Street expectations in first earnings after DeepSeek’s AI debut
#AltGov: the secret network of federal workers resisting Doge from the inside