Burberry CEO Marco Gobbetti to step down by year-end

Burberry has announced that its chief executive officer Marco Gobbetti is to leave the company at the end of 2021. The company said in a release that Gobbetti, who has led the transformation of Burberry’s brand and business, will be stepping down after nearly five years to take up another opportunity that will enable him to return to Italy and be closer to his family.