Christopher Bailey, who has worked at the Company for the past 17 years, will remain President and Chief Creative Officer until March 31, 2018, when he will step down from the Board. Bailey is to provide his full support to Chief Executive Officer Marco Gobbetti and the team on the transition until December 31, 2018.

Bailey joined the Company in 2001 and became CEO and Chief Creative Officer of the brand in May 2014. In July 2017, the Board put in place a new leadership structure and Bailey was succeeded by Marco Gobbetti as CEO.

“Marco understands and supports Christopher’s decision and will now begin the process of finding a successor”, says Burberry.