15/07/2024
Burberry’s CEO shuffle - In a past life I was part of their buying team and have a different take on it than most. In my view, it’s reminiscent of football teams frequently changing managers to appease shareholders rather than focusing on long-term strategy and stability.
Burberry has a rich history of being groundbreaking, and now more than ever, it needs to return to its roots and innovate with sustainability in mind. The movie highlighted the support offered to two groundbreaking adventures and the time taken to be innovative in textile development.
There’s a growing desire among luxury consumers to support local artisans as well as embracing the principles of a circular economy. The idea that they resort to the 1990s of diffusion ranges for a quick win... leaves me cold.