Departure of Italian credited with turning round British luxury fashion brand prompts share price plunge
- Nils Pratley: Gobbetti’s early exit leaves Burberry blindsided
- End of partnership that kept Burberry at leading cultural edge
Marco Gobbetti has quit as the chief executive of the luxury fashion brand Burberry after almost five years in the role.
The British fashion brand said Gobbetti – who was charged with turning around the business when he took the reins in 2017 – was leaving for a job in Italy that would allow him to be closer to his family. The luxury Italian group Salvatore Ferragamo, famous for making shoes worn by Hollywood stars such as Audrey Hepburn, announced on Monday it had appointed Gobbetti as its new chief executive.
