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30.05.25 - 15:18
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Burberry pays new boss almost £2.6m in his first nine months while cutting workforce (The Guardian)
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Joshua Schulman's pay packet includes £380,000 in house moving costs as ailing brand announces hundreds of job cutsBusiness live – latest updatesBurberry has paid its new boss Joshua Schulman almost £2.6m in his first nine months in the job, including £380,000 in house moving costs, as the ailing British brand announced hundreds of job cuts.The company also handed former boss Jonathan Akeroyd a pay-off worth about £1.5m – a year's notice including salary, pension and cash benefits – after he exited the company in July last year, according to the group's annual report. The former Versace boss exited less than three years after he was appointed in 2021. Continue reading......
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29.05.25 - 21:24
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Capri Holdings Leaner Portfolio After Versace Sale Support FY26 Inflection: Analyst (Benzinga)
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Capri Holdings gets price forecast boost as analyst sees long-term margin gains from brand shifts, but flags tariff-driven cost risks for FY26.
Latest Ratings for CPRI
DateFirmActionFromTo Mar 2022Telsey Advisory GroupMaintainsMarket Perform Feb 2022Morgan StanleyMaintainsOverweight Feb 2022Credit SuisseMaintainsNeutral
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