Burberry has announced a leadership change, with Joshua Schulman stepping in as the new chief executive officer, succeeding the previous CEO. Schulman, with a background as CEO of Michael Kors and Coach, where he also held the role of brand president, brings a wealth of experience in driving transformative growth and value creation in the global luxury, fashion, and retail sectors.
Schulman, who is 52 years old, will join Burberry as it faces a slowdown in luxury sales and aims to reposition itself at the higher end of the market. He will lead the executive committee and report directly to Burberry’s chair and the board of directors.
In a statement, Schulman expressed his honor in joining Burberry, praising it as an extraordinary luxury brand that balances heritage and innovation. He looks forward to working with the creative director and the teams to drive global growth, delight customers, and shape the next chapter of Burberry’s story.
