Burberry Announces the Departure of Christopher Bailey at the End of 2018
Burberry has announced today that Christopher Bailey will be leaving the company at the end of 2018. After 17 years, Bailey announced it is now the right time to pursue new creative projects. He will remain on as President and Chief Creative Officer until March 31, 2018, when he will step down from the Board. Bailey will continue to provide his support through a period of transition until the end of December 2018.
“It has been the great privilege of my working life to be at Burberry, working alongside and learning from such an extraordinary group of people over the last 17 years. It has been a truly inspiring place to work and the decision to leave was not an easy one. I do truly believe, however, that Burberry’s best days are still ahead of her and that the company will go from strength to strength with the strategy we have developed and the exceptional talent we have in place led by Marco.” – Christopher Bailey, President and Chief Creative Officer
Since joining the company in 2001, Bailey has helped grow the brand from a small licensed outerwear business to one of the world’s largest luxury brands. Bailey has served as CEO and Chief Creative Officer since May 2014. In July of 2017 Bailey was succeeded as CEO by Marco Gobbetti. Together they have worked to shape a new ambition and strategy for the next chapter of the Burberry brand.
“Burberry has undergone an incredible transformation since 2001 and Christopher has been instrumental to the Company’s success in that period.While I am sad not to have the opportunity to partner with him for longer, the legacy he leaves and the exceptional talent we have at Burberry give me enormous confidence in our future.” – Marco Gobbetti, Chief Executive Officer
With the full support of Bailey’s decision, Marco will now begin the process of finding a successor.