The brand’s ceo is thinking big, with plans to cement the British player in the luxury space.
Revenue in the six months to Sept. 30 was up 9% as new ceo Marco Gobbetti commits fully to luxury.
With Christopher Bailey soon exiting the British house, will ceo Marco Gobbetti stick to his word of experimenting to “create a new energy and positivity.”
Retail, luxury stocks were mostly up.
Retail, luxury stocks were uneven.
Retail and luxury stocks were also down.
Some think the pound could reach parity — or dip below — one euro by early next year.
The spotlight is on Gobbetti, who has taken the helm of a company in transition.
The first half saw a flurry of major and minor M&A activity, designer dramas — and disappointments.
The options were from a share tranche that Burberry’s Christopher Bailey received in 2013.