Burberry keeps momentum from China despite trade war fears Fashion house Burberry bucked current concerns over a trade war between China and the US today, as Asian demand for its luxury clothing held up over the festive shopping season. The blue-chip firm, which has been embarking on a major turnaround plan to revive its fortunes for more than a year, said that comparable store sales [...]
Burberry chief executive Christopher Bailey’s pay sinks to £8m Burberry chief executive Christopher Bailey earned £7.9m last year, including a £1m salary, a £1.7m bonus and £424,000 in allowances and benefits, the company said today. The remuneration package of Bailey – who is notoriously shy of the financial media – was subject to a shareholder revolt at the company's annual general meeting last year, [...]
Burberry’s Christopher Bailey proves elusive again – Editor’s Letter When the fashion retailer Burberry unveils its full-year results today, it will be unsurprising if its chief executive and chief creative officer Chris Bailey keeps a low media profile, leaving the task of answering reporters’ questions to his finance director, Carol Fairweather. Bailey himself rarely makes an appearance in front of the media to [...]
Burberry boss Christopher Bailey hails new supermodel James Corden – in pictures April 21, 2015 James Corden graced the catwalk as part of fashion brand Burberry's London in Los Angeles event last week, prompting the retailer's somewhat reclusive boss Christopher Bailey to quip: “Fashion has a new icon and his name is Corden.” The British film and TV star was performing a sketch for his CBS “The Late Late Show [...]
Bailey and the jets: Burberry boss attends Elton’s wedding December 22, 2014 CHRIS Bailey, the Burberry chief executive, was a guest at Elton John’s wedding yesterday to long-term partner David Furnish. Bailey, who went to the event in Windsor with his partner, the actor Simon Woods, joined a sparkling guest-list that included the Beckhams, David Walliams, Elizabeth Hurley and Evening Standard owner Evgeny Lebedev. Romeo Beckham recently [...]
Christopher Bailey tops OUTstanding list of LGBT business leaders as Goldman Sachs and JP Morgan bosses make straight allies cut October 8, 2014 Two of the world’s best known names in banking have shattered any perceptions of stuffy conservatism by featuring in lesbian, gay, bisexual, and transgender (LGBT) professional network OUTstanding’s top 10 straight allies’ list. Goldman Sachs boss Lloyd Blankfein came in second with JP Morgan’s Jamie Dimon not far behind in sixth, recognising the contribution the [...]
Burberry boss Christopher Bailey snaps up Cara Delevingne and Kate Moss September 1, 2014 Burberry has today revealed its first fragrance campaign under chief exec Christopher Bailey after launching My Burberry, inspired by the group’s signature trench coat. The ad campaign is relying on the glamour of two of Britain’s best known models, Kate Moss and Cara Delevingne, as well as social media technology to draw in savvy luxury [...]
Burberry boss Christopher Bailey takes home £5.2m August 21, 2014 Burberry chief executive Christopher Bailey has pocketed £5.2m from share sales just weeks after shareholders rebelled over a controversial £27m pay package awarded to him this year. A regulatory filing yesterday showed that the luxury brand’s new boss exercised options on shares granted under previous award schemes. A spokesperson said the main reason for the [...]
Burberry shareholders vote against Christopher Bailey pay deal July 11, 2014 Shareholders have struck a blow to Britain's iconic luxury fashion brand Burberry by voting against the proposed multi-million pound pay package for new chief executive Christopher Bailey. More than 50 per cent of those who voted at the luxury giant's annual general meeting today went against the directors' remuneration report. The lucrative package includes a [...]
Christopher Bailey: The Yorkshireman filling Burberry’s boots July 10, 2014 There was a big elephant in the room – or rather on the line – when reporters dialled into the Burberry first quarter conference call yesterday. The luxury group’s new chief executive Christopher Bailey was conspicuously absent, as he was in May during the preliminary results call, leaving finance chief Carol Fairweather to lead the [...]