Shares in the company fell by 8.7 per cent, or 195p, to 2055p – wiping £790million off its value and making Burberry the biggest faller on the FTSE 100.
The sudden departure also raised concerns in the City that creative director Riccardo Tisci will follow him out of the door.
Chairman Gerry Murphy hailed Gobbetti s transformative impact , saying he had established a clearly defined purpose and strong brand momentum .
He added: The board and I are naturally disappointed by Marco s decision, but we understand and fully respect his desire to return to Italy after nearly 20 years abroad. With the execution of our strategy on track and our outlook unchanged, we are determined to build on Burberry s strong foundations.
Deja Burberry, vuelve a Italia - El Diario de Yucatán
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Burberry CEO Marco Gobbetti to depart at end of year | 28 June 2021
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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Burberry CEO Marco Gobbetti to depart at end of year
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Director de Burberry Gobbetti dimite para regresar a Italia
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