THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Christopher Bailey to cede CEO role at Burberry to Marco Gobbetti

Burberry has announced that its chief executive and chief creative officer Christopher Bailey will take on the new role of president and chief creative officer where he will oversee all elements of brand and design.

GENERAL MERCHANDISE

Christopher Bailey to cede CEO role at Burberry to Marco Gobbetti

Burberry has announced that its chief executive and chief creative officer Christopher Bailey will take on the new role of president and chief creative officer where he will oversee all elements of brand and design.

Meanwhile, Marco Gobbetti has been appointed as the luxury brand’s chief executive and will be responsible for all commercial, operational and financial elements of the business. Bailey will remain on the board and will work in partnership with Gobbetti on company strategy and culture.

Both Bailey and Gobbetti will report directly to Burberry chairman Sir John Peace.

Due to join Burberry in 2017 “as soon as he is contractually able to do so”, Gobbetti is currently chairman and chief executive of French luxury brand Céline. With more than 20 years experience in the luxury industry, he has also grown and developed brands such as Givenchy, Moschino and Bottega Veneta.

Bailey said: "I am very excited that Marco Gobbetti is joining us as chief executive officer and as a partner to me. Marco brings incredible experience and skills in luxury and retail with him that will be invaluable to us. On a personal level, I know that we are going to enjoy a wonderfully collaborative partnership that makes me very excited for our future at Burberry."

Peace added: "The review that he has led into our ways of working is the blueprint for the next phase of Burberry's evolution. In order to maximise our ability to successfully implement these plans, Christopher identified the need for a new chief executive for the business who could partner with him as we execute on the new strategies and I am excited to see what they will do together."

Burberry has also announced that Julie Brown has been appointed to the new role of chief operating and financial officer.

Reporting to the chief executive, Brown will join the business and the board in early 2017 at the latest and will have responsibility for finance, investor relations, IT, global business services and business transformation.

Brown is currently chief financial officer at the global medical technology business Smith and Nephew.

Bailey said: "Julie has an incredibly strong financial track record, as well as extensive experience of leading businesses through major transformation programmes, and is therefore very well qualified to take responsibility for this important and ongoing initiative."

Having played a central role in the development of Burberry's ongoing business review, chief financial officer Carol Fairweather has decided that she will leave the business to pursue new opportunities.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Payment Roundtable 2019
Payment Roundtable 2019
6 February 2019
The Cavendish Conference Centre, 22 Duchess Mews, London W1G 9DT
The Retail Bulletin Payment Roundtable will raise debate and discussion centred on but not exclusive to improving the in-store payment process