Business Times

Burberry, the iconic British luxury brand, saw its shares plummet 16% on Monday after issuing a profit warning and announcing a significant leadership change. The company has appointed Joshua Schulman, a seasoned executive with prior roles at Michael Kors and Coach, as its new CEO. Jonathan Akeroyd, who had been in the role for just two years, is stepping down immediately by mutual agreement with the board.

Burberry Shares Plummets After Profit Warning and CEO Shake-Up

The Independent

 British luxury fashion house Burberry said Monday it has appointed Joshua Schulman, formerly head of Michael Kors and Coach, as its new chief executive officer as the company warned it expected to record an operating loss in the first half of the year amid slumping retail sales. Burberry said Schulman, 52, replaces Jonathan Akeroyd, who would step down and leave the firm with immediate effect “by mutual agreement with the board.”The unexpected announcement came as Burberry said full-year earnings will also be lower than expected, and suspended its shareholder dividend payouts. Burberry shares plunged more than 11% soon after...

Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss


				













	LONDON — Of the people who could have protested at Burberry’s annual general meeting on Tuesday, it was PETA that made all the noise, shouting about the brand’s use of cashmere rather than the shrinking share price, canceled dividend for 2025, or the ejection of chief executive officer Jonathan Akeroyd.  Burberry Shakeup: Joshua Schulman Replaces Jonathan Akeroyd at Burberry Helm as Retail Sales Plummet 22% in Q1




	Tuesday’s meeting was humming along quietly with chairman Gerry Murphy fielding questions about Burberry’s pricing, strategy, product assortment and the upcoming round of layoffs when protesters burst into the underground reception room at the...

At Burberry’s AGM, Tempers Flared, but It Wasn’t the Shareholders Who Were Angry


				













	LONDON — Joshua Schulman has been named chief executive officer of Burberry in stormy weather, amid a 22 percent decline in first-quarter retail revenue and the risk of an operating loss in the first fiscal half.Me+Em Is the Go-to Label for Royals, Celebrities and Labour Party Politicians




	Schulman, 52, will succeed Jonathan Akeroyd, who was ousted two years into his tenure during one of the most brutal macroeconomic periods the luxury goods industry has witnessed in more than a decade.




	An accomplished retailer and brand builder, Schulman will take up his job on Wednesday following the surprise announcement by Burberry on Monday morning...

Burberry Shakeup: Joshua Schulman Replaces Jonathan Akeroyd at Burberry Helm as Retail Sales Plummet 22% in Q1

Kansas City, MO

Before she began dating Kansas City Chiefs superstar tight end Travis Kelce, pop sensation Taylor Swift was in a long-term relationship with Joe Alwyn that never led to an engagement despite their seven years together. But it doesn’t sound like she’s willing to do that again with Kelce.

Taylor Swift ‘doesn’t want to waste more time’ with Travis Kelce

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

MSNBC will not air “Morning Joe,” its celebrated politics roundtable program, on Monday, opting to instead air continued breaking news coverage of the attempted assassination of former President Donald Trump.

‘Morning Joe’ pulled from air Monday because of Trump shooting

Butler, PA

Friends and neighbors are remembering firefighter Corey Comperatore -– the man shot and killed during the attempted assassination of former President Donald Trump – as a family man who served his community and was quick to help friends in need.

Man killed at Trump rally identified as firefighter Corey Comperatore, who ‘died a hero’

Pennsylvania State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

Bethel Park, PA

Nearly 48 hours after the attempted assassination of former President Donald Trump, investigators are struck by the lack of leads they’re finding about Thomas Matthew Crooks’ mindset and possible motives for his attack.

FBI has accessed Trump rally shooter’s phone but investigators are struck by lack of leads

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Welcome to another summer of Covid-19 infections. Here’s what to do to reduce your risk of catching the disease and what to do if you get it.

Covid-19’s back. Should you be worried?

Law enforcement sources at the scene tell CNN a shooter was positioned on a building rooftop just outside the venue where former President Donald Trump was holding his rally in Butler, Pennsylvania.

Video appears to show suspected Trump shooter on a roof

Eargasm’s High Fidelity Earplugs are our editor’s favorite for concerts, and they’re currently on sale during Amazon Prime Day for $10 off.

I don’t leave home without these earplugs — and they’re 24% off for Prime Day

CNN’s Danny Freeman breaks down what investigators have uncovered about Thomas Matthew Crooks, 20, the gunman who allegedly tried to assassinate former President Donald Trump during his Pennsylvania rally.

What we know about Trump rally gunman so far

Virginia State

Virginia Wendy Williams fans, this is your July 2024 update on the former talk show host. Her best friend of 44 years, Regina Schell, has shared recent concerns with TV Show Aces and says she has not seen or talked to Wendy in more than a year.

Wendy Williams fans are worried after her best friend claims not to have heard from her in a year

The species’ population collapsed at an alarming rate over the last 10 years, starved by a salty sea swallowing its homeland in the Florida Keys.

Rising seas wiped out an entire US species for the first time. Scientists say it’s a sign of things to come

Ohio State

CNN’s Gregory Krieg talks to Republican National Convention attendees about former President Donald Trump’s decision to select Ohio Sen. JD Vance as his vice-presidential running mate.

RNC convention goers respond to VP pick

Washington Examiner reporter Salena Zito joins CNN’s Abby Phillip to discuss her interview with former President Donald Trump the day after he survived an assassination attempt

Reporter details what Trump said in first interview after shooting

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

NewsBreak

Burberry CEO is out after company warns about its profit

British luxury brand Burberry is replacing its chief executive following another disappointing quarter in which sales plunged more than...

Burberry CEO is out after company warns about its profit

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