Burberry replaces chief executive as it issues fresh profit warning
by Kalyeena Makortoff from World news | The Guardian on (#6P79Y)
Former Coach boss Joshua Schulman to take control as Jonathan Akeroyd departs with immediate effect
Burberry has warned again on profits and ousted its chief executive, as the struggling British luxury fashion brand announced a change of direction to reconnect" with core customers.
In an unscheduled trading update on Monday, Burberry said Jonathan Akeroyd was leaving the company with immediate effect" and by mutual agreement with the board". It comes less than three years after the former Versace boss was appointed in 2021.
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