Paul Deneve Archives - Inside Retail Asia

The new Steve Jobs?

Can anyone be worth $28 million in a single year? Burberry obviously thought that its CEO Angela Ahrendts was deserving of the package for her work in FY 2012, a year which saw Burberry achieve $3.3 billion in sales and $717 million in profit. The brand’s share price has trebled since Ahrendts joined Burberry in 2006 and set about turning a dusty old trench coat company into a fashion icon for the times. Along the way, the 53 year old small town American girl successfully leveraged what I s…