Pursuits
Apple Hires Burberry Chief to End Search for Retail Head
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Apple Inc. hired Burberry Group Plc Chief Executive Officer Angela Ahrendts as head of retail operations, ending a yearlong search and adding the first woman to its 10-member executive team.
Ahrendts, 53, will oversee more than 400 retail outlets and Apple’s online store, the Cupertino, California-based company said today. Apple is tapping an executive who more than doubled Burberry’s sales since 2006, rejuvenating the brand by expanding in China, as well as embracing the Web and social media.