Julie Brown news and archive

Third of Burberry shareholders reject executive pay deal

One in three Burberry shareholders voted against the luxury fashion houses remuneration report in protest again pay deals for president Christopher Bailey and chief operating and financial officer Julie Brown at the company’s annual general meeting. Over 32 percent of investors rejected the remuneration report, with even more investors...

Business

UPDATE: Burberry shelves plans for future Leeds factory

London - Burberry has called off plans for its new 50 million pound manufacturing site in Leeds. The new manufacturing and weaving facility, located in a former flax mill in South Bank, Leeds, was set to open in 2019. However, Burberry confirmed on Wednesday that it had allowed its option on the Grade 1 listed Temple Works building in Leeds...

Business

Burberry faces shareholder ire over executive pay

London - Burberry is reportedly dealing with increasing pressure from two shareholder groups concerning share awards paid out to outgoing CEO and Chief Creative Officer Christopher Bailey and CFO and COO Julie Brown. The Investment Association issued an 'amber-alert' to its members on Wednesday, ahead of the company's annual general meeting next...