Marco Gobbetti to Take Over as Burberry's New CEO

p/p pandnbsp;/p pAt the annual review meeting recently held in London, Burberry announced Candeacute;lineandrsquo;s former Chief as its new CEO. Christopher Bailey, who was holding the position since 2013, will soon be promoted to the President of the Brit brand, handing over all his responsibilities to Marco./p pandnbsp;/p pBefore Candeacute;line and Burberry, Marco Gobetti has headed brands like Moschino and Givenchy at the same position and has to his credit an incredible track record. With 20 years of fashion expertise, Marco is expected to scale the brand to new heights./p pandnbsp;/p pIn a conversation with Business of Fashion, John Peace, Chairperson for Burberry, said, andldquo;I am delighted that Marco will be joining us to work alongside Christopher in his new role, as we embark upon the next chapter in our 160-year-old success story. He has an outstanding track record of delivering growth in the luxury industry and his vision for the sector and how it will evolve is extremely impressive. The board firmly believes that these new leadership roles coupled with actions, identified in the recent business review, will significantly enhance our ability to deliver long-term sustainable growth and sector outperformance over time."/p pandnbsp;/p pWhile Marco will take charge of his new role by early next year, we cannot wait to see the upcoming collections and developments in the brand portfolio./p pandnbsp;/p pemImage Courtesy: Reuters/em/p pandnbsp;/p pstrongMore On andgt;andgt; a href="http://www.luxpresso.com/style/fashion"Fashion/a/strong/p

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