Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
SAN FRANCISCO, California — Apple Inc. has awarded its new retail chief Angela Ahrendts stock compensation potentially worth about $68 million, continuing the iPhone maker’s practice of generous pay for executives.
LONDON, United Kingdom — Burberry Group Plc said Christopher Bailey started as chief executive officer after Angela Ahrendts formally departed the U.K. luxury-goods maker.
LONDON, United Kingdom — Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported second-half revenue in line with estimates as digital investments boosted growth, and warned currency moves may hurt profit in the current fiscal year.
The Savigny Luxury Index lost ground in October, as consumer appetite for mega-brands continues to cool and management changes shake up the industry.
LONDON, United Kingdom — Today, BoF brings you the next instalment of "When They Were Kids," a cartoon series depicting fashion figures as children, created by our friend Fashion Cartoonist.
Imran Amed reflects on the surprise news that Angela Ahrendts is leaving her role as Burberry’s chief executive to take up the position of senior vice president of retail and online stores at Apple and will be replaced by Christopher Bailey, who is set to take on the dual title of chief creative and chief executive officer.
Angela Ahrendts is set to exit her role as the company’s chief executive in mid-2014 to join Apple. In an unusual move, Christopher Bailey will replace Ahrendts, taking on the dual title of chief creative and chief executive officer.
PARIS, France — China's slowdown last year was perhaps more than just a passing phase for the luxury goods sector, the head of British fashion house Burberry told French newspaper Les Echos in an interview published on Monday.
In a BoF Exclusive, Imran Amed sits down with Burberry chief executive Angela Ahrendts to discuss the company’s connected culture as the company launches its first fragrance since taking its beauty business in house earlier this year.
All He Touches Turns to Cashmere (NY Times) “Greg Chait, the designer of the Elder Statesman, is not someone you would expect to be named the class of 2012’s most likely to succeed. He is laid back in the way that comes from living in Southern California, where he works in a sunny studio in Culver City. His defining feature is a bushy black beard that could easily contain a pair of knitting needles. Ask him how he got his
Is Graphite the Answer to F-Commerce Woes? (The Bottom Line) “8th Bridge has launched a new social commerce product that turns the traditional F-commerce model on its head. Rather than bringing the cash register to the watercooler, the platform, called Graphite, puts the watercooler next to the cash register, bringing a Facebook-powered social layer to existing commerce channels.” Clouds on the Horizon? (Market Pulse)