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  - WASHINGTONTIMES.COM - Counter Culture - 15/07/2024 10:29

Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss

British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales.

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