Gucci director defects to Burberry

Gucci Group's Pascal Perrier is Burberry-bound. Currently Gucci Group's director of licensing and business development, Perrier is expected to join the British fashion firm in April, a Burberry spokeswoman confirmed on Thursday.

Previously, Perrier was chief executive officer at Balenciaga. He has also worked at Yves Saint Laurent, Celine and Shiseido. At Burberry, he succeeds Marcella Cacci, who last month was named president of Burberry Fragrances at Inter Parfums.