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The Independent UK
The Independent UK
National
Via AP news wire

Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss

Burberry Joshua Schulman Luxury Gerry Murphy Jonathan Akeroyd Coach
Copyright 2024 The Associated Press. All rights reserved.

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British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales.

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