- Apple (NASDAQ:AAPL) has named Angela Ahrendts, the CEO of British luxury brand Burberry (OTCPK:BBRYF), to the newly created position of Senior VP of Retail & Online Stores. Ahrendts is set to join in the spring.
- Apple has been without a retail head since John Browett was shown the door a year ago, leaving CEO Tim Cook in charge of retail on an interim basis
- Burberry will replace Ahrendts with its Chief Creative Officer, Christopher Bailey. (PR)