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Monday, 28 June 2021 14:48

Marco Gobbetti resigns as CEO, Burberry

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Marco Gobbetti, CEO, Burberry has resigned from his post in the company. He has led the FTSE 100 company since 2017 and made a number of changes in it. Gobbetti is leaving to head up luxury goods group Salvatore Ferragamo, an opportunity that will enable the 62-year-old to return to Italy and be closer to his family.

Under Gobbetti’s helm the fashion company moved more upmarket to up the fight with rivals. That included more expensive products and taking the axe to a number of stores not close enough to Burberry’s high-spending shoppers. Gobbetti also introduced a range of new collections including Ricchardo Tisci, Creative Head’s new menswear collection.

Prior to joining Burberry, Gobbetti was employed as the Chairman and CEO of luxury leather group Celine from 2008 to 2016. He previously also worked at Givenchy and Moschino.