The spotlight is on Gobbetti, who has taken the helm of a company in transition.
GBL had taken an initial 3 percent stake in March.
“The dialogue is constant,” said Gobbetti of his rapport with Christopher Bailey.
The best-selling Burberry bag in Q1 was the rucksack.
Retail revenue, the bulk of the company’s business, grew 3% at actual rates, in line with forecasts.
The long arm of austerity has stretched to executives’ perks and bonuses.
Bailey may have bid the financial world an emotional farewell, but it’s clear he remains committed to Burberry.