Daniel Lee, formerly the creative director of Bottega Veneta, has ambitious aspirations for Burberry.

In the penthouse apartment at Claridge's, Daniel Lee wears an army green pullover, black athletic leggings, and white Nikes. It is the middle of November, and through the French doors behind him he can see a panorama of a rainy London, with Big Ben in the background. Lee's throat is a lit...

Riccardo Tisci has been replaced at Burberry by Daniel Lee.

Burberry has promoted Daniel Lee as chief creative officer. The designer, who left Bottega Veneta in November, will take over as head designer on October 3 after current leader Riccardo Tisci steps down. In February of 2023, during London Fashion Week for fall/winter, Lee will make his Burberry d...

EUROPEAN STOCK MARKET SLUMP

Highlights:

• The European stock market has slumped on Thursday as the markets across the globe are tensed due to the latest US inflation data. 
• European markets have followed the negative trend which can be seen in the Asia-Pacific region.
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MAJOR UK FASHION BRAND BURBERRY AND RETAILER ASOS REPORTS THEIR QUARTERLY SALES

Highlights –

• Major UK fashion brand Burberry and retailer ASOS reports their quarterly sales.
• Burberry reported their first-quarter sales diving to 45%.
• ASOS reported UK sales fell 1%, while international sales were up 17%.

14 FASHION BRANDS JOIN BATTLE AGAINST COVID-19

Highlights

• Clothing brand Burberry will donate 100,000 non-surgical masks to NHS

• Prada, Giorgio Armani, Versace and Gucci reorganize their factories to make gowns and masks

• U.S. company Ralph Lauren donates $10 million

Times are terribl...