It is becoming harder to succeed as an independent luxury brand. Ideally, Burberry talented new designer and the weak pound can tempt an overseas buyer.
The British luxury brand hired a fresh creative director this week. Daniel Lee, who left the Kering-owned fashion label Bottega Veneta in November, starts Monday. The London-based brand also has a new chief executive, Jonathan Akeroyd, and is looking for a chief financial officer.
