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In Brief: Changes At Burberry… Target Buys Back

Leslie Dance has been named Burberry's senior vice president, global marketing, replacing Pat Doherty, who revealed plans earlier this year to step down.

CHANGES AT BURBERRY: Leslie Dance has been named Burberry’s senior vice president, global marketing, replacing Pat Doherty, who revealed plans earlier this year to step down. Dance, 51, was formerly at Motorola, where her title was corporate vice president and general manager for global marketing and communication. Prior to Motorola, she worked for Hill and Knowlton, and in the hotel industry, for the Ritz-Carlton and Hyatt Regency groups. In addition, Sarah Manley has been promoted to senior vice president, global p.r. and communications. Her expanded role includes responsibility for Burberry’s business and corporate p.r., in addition to fashion p.r., special events and internal communications.

TARGET BUYS BACK: Target Corp. authorized Thursday the repurchase of up to $3 billion in additional shares, boosting the company’s total permitted buyback to $8 billion from its current $5 billion. To date, the Minnesota-based mass retailer has bought back about $4 billion of its common stock under its current buyback program. The plan, which the company expects to complete by 2010, brings Target’s repurchasing power to $4 billion.

This story first appeared in the June 15, 2007 issue of WWD.  Subscribe Today.