Retail veteran Price is rejoining Burberry in an expanded role, and is one of the first big management appointments under new CEO Joshua Schulman.

Burberry has appointed Paul Price as chief product merchandising and planning officer.

As a key member of the Burberry leadership team during the company’s peak era of value creation, Paul was responsible for product strategies that led to consistent double-digit growth." Price said: ...

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Luxury fashion retailer Burberry has announced the appointment of a former executive as its new chief product merchandising and planning officer.

"As I am in the middle of China, I can say that Shanghai is very busy as usual. It is still the place where you can build important projects," said Marc-Antoine Jamet, general secretary of LVMH.

The FTSE 100 closed up 79.79 points at 8329.07. Among the companies with updates today are Whitbread, Just Eat, Quilter and Vertu Motors.

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