Apple taps Burberry CEO to head retail

Burberry CEO Angela Ahrendts will leave the London-based luxury brand to take up the newly created post of senior vice president of retail and online stores for Apple, starting in the spring. It's the second fashion-world hire this year for the tech company, which named former Yves Saint Laurent CEO Paul Deneve as VP of special projects. Burberry creative director Christopher Bailey will replace Ahrendts in the CEO post.

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