Wednesday, 16 June 2010
Say hello to the six million pound woman, Angela Ahrendts of Burberry. Since taking over as boss in 2006, Ahrendt has continued to grow the luxury label from strength to strength (impressive to say the least with the dire situation of the industry over the past 20 months).
Heading up 23% on last year, company profits were reported in May 2010 to be at 215 million pound, while sales reached 1.28 billion pounds, pushing a 7% increase. And it only gets better from here, as Burberry look to expand in Brazil, Mexico and India, but for now, a job well done!
Image credit: burberry.com
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Who's behind the MO DOWN
Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury, www.moluxury.com.au