Burberry
British luxury fashion house
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May 2025 | Burberry announced plans to reduce employee headcount by up to 1,700 jobs, part of a broader cost-cutting strategy to reduce expenses by £60 million by the end of 2027. |
November 2024 | Burberry launched a £40 million cost-cutting program, focusing on streamlining operations and refocusing on core outerwear and trench coats. |
July 2024 | Joshua Schulman replaced Jonathan Akeroyd as chief executive, following a profit warning and significant sales declines across global markets. |
March 29 2023 | A Burberry tote bag appeared in an episode of the TV series Succession, causing a significant spike in Google searches for Burberry and the 'Burberry tote bag', with searches increasing by over 310%. |
November 30 2022 | During an AEW Dynamite episode, wrestler Maxwell Jacob Friedman ('MJF') unveiled a custom AEW World Championship belt with a Burberry check pattern leather strap, dubbed the 'Big Burberry Belt', after previously winning the title on 19 November. |
September 2022 | Daniel Lee was announced as the new chief creative officer, replacing Riccardo Tisci. |
April 2022 | Jonathan Akeroyd took over as chief executive of Burberry, succeeding Marco Gobbetti, with a £6m golden hello. |
September 2018 | Burberry announced it would stop burning unsold goods and cease using real fur in its products. |
March 2018 | Riccardo Tisci was named chief creative officer of Burberry, succeeding Christopher Bailey. |
July 2017 | Marco Gobbetti replaced Christopher Bailey as CEO of Burberry. |
April 2014 | Christopher Bailey became CEO of Burberry while retaining the role of chief creative officer, with a basic salary of £1.1m and potential total compensation up to £10m. |
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