5th May 2016 12:41
LONDON (Alliance News) - Luxury goods retailer Burberry Group PLC is understood to be considering appointing a senior manager to support Chief Executive Christopher Bailey amid investor concerns about the group's trading performance, the Financial Times reported.
People familiar with the plans said a new senior appointment could come after Bailey unveils the results of a business review at Burberry's annual results in May, the FT said.
It is not year clear if the position would be at board level, but the move is likely to be welcomed by investors, some of whom have been pressing for stronger leadership at the company.
Shares in Burberry were down 0.1% at 1,178.00 pence Thursday afternoon.
https://next.ft.com/content/815c50f4-11fc-11e6-839f-2922947098f0?ftcamp=published_links%2Frss%2Fcompanies%2Ffeed%2F%2Fproduct
By Sam Unsted; [email protected]; @SamUAtAlliance
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