Burberry Reports Annual Sales Recovery as William Jackson Prepares to Lead the Luxury Fashion Brand

Burberry returned to retail sales growth after a 12 percent decline, reporting 2.42 billion pounds in revenue and a recovery in operating profit to 115 million pounds.The brand saw a 10 percent sales increase in China and the Americas as Joshua Schulman stabilized performance through a strategic product focus.William Jackson will replace Gerry Murphy as board chair in November to oversee future growth initiatives and planned cost savings.
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