YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Apple Inc. (Nasdaq: AAPL) has tapped Burberry Group PLC Chief Executive Angela Ahrendts to head up its retail efforts.
According to a report from the Wall Street Journal, Apple recruited Ahrendts because she is a a seasoned executive credited with turning around the luxury-fashion brand and will fill a big gap in the Cupertino, Calif., company's retail operation.
The 53-year-old Ahrendts will oversee the strategic direction, expansion and operation of Apple's retail and online stores, reporting directly to Apple CEO Tim Cook.
On Oct. 15, Burberry reported first-half sales of $1.65 billion, and retail sales rose 17 percent compared to last year.
Ahrendts has been CEO of the United Kingdom-based brand since 2006. She will start with Apple next year.
Read more from the Wall Street Journal.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Eric Schmitt introduces Modern Skies Act
Caterpillar to acquire John Fabick Tractor Co.
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach