Burberry names Gobbetti as next chief executive

Burberry appointed Celine chairman Marco Gobbetti as its next chief executive on Monday, replacing Christopher Bailey who will become the British luxury fashion group's new president. Gobbetti, currently the chairman and chief executive of French luxury brand Celine, will join the board in 2017 “as soon as he is contractually able to do so”, Burberry said in a statement. Burberry announced a fall in annual net profits in May, triggering a three-year programme of cost savings totalling at least £100 million ($130 million, 117 million euros).

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Burberry names Gobbetti as next chief executive

Burberry to replace Bailey as CEO with Céline’s Gobbetti

British luxury brand Burberry has recruited Marco Gobbetti, the Italian boss of French brand Celine, to succeed Christopher Bailey as chief executive next year, freeing Bailey to focus again on the design role that made his name. Burberry said he would retain his creative role and also take the title of president.

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Burberry to replace Bailey as CEO with Céline’s Gobbetti

Burberry dazzles, Kane surprises at London Fashion Week

British fashion giant Burberry Prorsum put the sparkle into London Fashion Week Monday, before Scottish designer Christopher Kane took his star-studded audience on a journey into the bizarre. Burberry chief executive Christopher Bailey said the collection, which will be drip fed into stores from June, was inspired by a “patchwork” of influences. “The collection is all the things that I love, a patchwork of all different things from the Mitford sisters to the military and a little bit of glam-rock,” Bailey told reporters back stage after the show, referring to six sisters who fascinated and scandalised British society of the 1930s.

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Burberry dazzles, Kane surprises at London Fashion Week