BURBERRY'S Christopher Bailey has addressed the senior management changes at the brand, following the news on Monday that Marco Gobbetti has been appointed as its new CEO, with Bailey being given the role of president.
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"I think the role of any leader is to take themselves out of the situation and to say what is right for the company going forward," the former CEO, who will continue in his role of chief creative officer, told the Business Of Fashion. "And that is what I have always done, throughout my career, not just at Burberry, and to know to identify what my skills are, where I add the most value and where my strengths are not and where we need to add those strengths," he said, in doing so answering critics who have argued in recent months that he needed support on the business side of the brand.
Bailey also took the opportunity to compliment the talents of his new partner and the expertise that he will bring to Burberry.
Marco Gobbetti
Picture credit: Getty
"As soon as I met [Gobbetti], we had a very, very strong chemistry," he said of the former Céline chairman and CEO. "He has a profound understanding of retail and retail execution. He has also got an incredibly global experience; he is somebody that has done a lot of work in the US, of course in Europe but also in Asia, so he thinks very globally and that is relatively unusual."
Reflecting on the future of the luxury British label, Bailey continued: "I believe that as a brand, as a company we've got huge, huge potential still ahead of us."
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