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Sept. 28, 2022, 3:00 a.m. EDT

Burberry chief creative officer Riccardo Tisci to step down

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By Joe Hoppe

Burberry Group PLC /zigman2/quotes/205386705/delayed UK:BRBY +1.37% said that Chief Creative Officer Riccardo Tisci will step down at the end of September, to be replaced by Daniel Lee.

The U.K. luxury brand said that Mr. Tisci will leave after five years, with his Spring Summer 2023 collection, presented this week in London, his last for Burberry.

Mr. Lee served for three years as creative director at Italian luxury brand Bottega Veneta. He was previously director of ready-to-wear design at Celine, which he joined in 2012, and he has also worked at Maison Margiela, Balenciaga and Donna Karan.

“[Mr. Lee] is an exceptional talent with a unique understanding of today’s luxury consumer and a strong record of commercial success, and his appointment reinforces the ambitions we have for Burberry,” Chief Executive Jonathan Akeroyd said.

Write to Joe Hoppe at joseph.hoppe@wsj.com

/zigman2/quotes/205386705/delayed
UK : U.K.: London
2,140.00 p
+29.00 +1.37%
Volume: 1.02M
Nov. 29, 2022 4:35p
P/E Ratio
19.28
Dividend Yield
2.43%
Market Cap
£8.13 billion
Rev. per Employee
£307,974
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