Checklist for Ahrendts: Burberry CEO in Drive To Home Brand’s Image
When Angela Ahrendts took over the helm of Burberry last year, one of her mantras was “innovate and elevate.” The staff listened, and now the Burberry chief executive officer is having trouble sleeping at night.
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Nike Inc. and Foot Locker Inc. are partnering to open 50 stand-alone basketball apparel and shoe stores called House of Hoops by Foot Locker – offering Nike, Jordan and Converse basketball shoes, apparel and equipment – over the next three years.
Marks and Spencer Group plc reported a 27 percent increase in profits to 659.2 million pounds, or $1.3 billion at current exchange, from 520.6 million pounds, or $1.03 billion, in the year ended March 31 on the back of record sales. It was the best…