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Business

Burberry's Christopher Bailey received 75 percent pay cut

London - Christopher Bailey, creative head and CEO of luxury fashion house Burberry, took an extraordinary pay cut of 75 percent for its fiscal year 2016, which say his total pay drop from 7.51 million to 1.89 million pounds. Although Bailey's salary has remained approximately the same as a year before, sitting at 1.1 million pounds, the CEO's...

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