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.
About Author
More Stories
Bezos’s Blue Origin schedules, then delays first orbital launch
Elon Musk says all human data for AI training ‘exhausted’
JP Morgan Chase requires all workers to return to office five days a week