Jonathan Akeroyd news and archive

Why Burberry is replacing its CEO

Burberry has a new CEO and is making swift changes at the top after a lackluster performance in the first half of 2024. When it was reported last week that Burberry had a strategy problem, little was known that just a few days later chief executive Jonathan Akeroyd would be ousted from the British heritage brand. Since Mr Akeroyd's appointment,...

BusinessFeatured

The business behind Burberry's revamp

Ever since Rose Marie Bravo turned Burberry into a billion dollar brand, more than doubling sales, the London-based heritage business has struggled to be a luxury leader in both size and positioning. Under Ms Bravo’s tenure between 1997 and 2005, Burberry was seen as the UK’s answer to Ralph Lauren, where an upmarket image attracted an...

Business|Opinion Featured

Burberry’s new hire raises expectations and its stock

Burberry’s share price was bolstered on the announcement British designer Daniel Lee was appointed its new creative director. Shares rose 4.4 percent by midday trading on Wednesday. Mr Lee, who steps into the role next Monday, will have the task of rejuvenating the heritage and quintessential Britishness that was sideswept under the tenure of...

PeopleFeatured

Burberry names Daniel Lee as new chief creative officer

Following months of speculation, Burberry has confirmed that Riccardo Tisci is out as chief creative officer, and British designer Daniel Lee, who helped to revive Bottega Veneta is in. In a statement, Burberry said that Lee will join the heritage brand on October 3. He will be based at Burberry’s headquarters in London and report to the company...

Fashion

Is Riccardo Tisci exiting Burberry?

When Daniel Lee abruptly exited Bottega Veneta last November, there was speculation he could return to work alongside Phoebe Philo at her new namesake brand and studio, which is partially owned by LVMH. Both Lee and Philo have remained schtum over any collaboration, but with a likely one year non-compete clause finishing, Lee may now be open to...

PeopleFeatured

Versace CEO Jonathan Akeroyd to take the helm at Burberry

Burberry has announced the appointment of Jonathan Akeroyd as chief executive officer and executive director, effective April 1, 2022. A British national, Akeroyd, 54, is currently chief executive officer of Milan-based Gianni Versace SpA, a position he has held since June 2016. The company said in a statement that in his tenure at Versace,...