Halifax-born fashion designer sells £5.2m shares in Burberry

Christopher Bailey

Christopher Bailey

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Burberry chief executive Christopher Bailey has cashed in £5.2m worth of shares just weeks after suffering a bloody nose over his pay package at the hands of shareholders.

Mr Bailey, previously the luxury brand’s chief creative officer, sold 285,451 shares he received under two different schemes dating back to before he replaced former boss Angela Ahrendts in May.

Separately, he also sold 73,547 shares, according to a stock market announcement by the group, which said the shares were sold yesterday.

 

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