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Daniel Lee’s first day: What is next for Burberry?

Burberry is turning its focus increasingly on higher-profit leather goods as the U.K. label comes to grips with the COVID-19 fallout. Image credit: Burberry In the last year alone, Burberry has parted ways with its CEO, CFO and COO, and as of last week, its CCO. What exactly is happening over at the house, and what could these shifts signal for luxury at large? Image credit: Burberry

 

After an executive reshuffling, British fashion house Burberry is in need of a fiscal makeover to transition towards greatness.