TO MUCH fanfare, Apple announced recently that Angela Ahrendts is to resign as chief executive of Burberry and join the inner circle in Cupertino, California.

Burberry’s Angela Ahrendts is one of just three women to head FTSE 100 Index companies along with easyJet’s Carolyn McCall and Alison Cooper at Imperial Tobacco.

Burberry’s respected boss, Angela Ahrendts, is leaving the luxury goods firm to join technology giant Apple.

Fashion firm Burberry soothed fears about the luxury goods market today as it reported better-than-expected half-year figures.

The FTSE 100 Index is to lose another female chief executive after Cynthia Carroll announced she is to step down as boss of Anglo American.

Doubts over the ability of EU leaders to deliver measures to ease the region’s debt crisis triggered a 2.5% slump for London’s leading shares index today.

Fashion house Burberry today indicated demand for luxury branded goods such as its coats and leather bags remained strong despite the global uncertainty.

Luxury fashion house Burberry faces a potential revolt over “excessive” executive pay after a lobby group today urged its members to vote against the company’s remuneration plans.

Fashion house Burberry today reported a 50% profits surge driven by sales of leather handbags and its relaunched menswear business.

AMERICA’S first lady Michelle Obama has been named the world’s most powerful woman.

Burberry increased its focus on the Chinese market today after agreeing a £70m (€83m) deal to buy out its franchise partner in the country.

Marks & Spencer was today braced for a fresh clash with investors over boardroom pay as a succession of blue-chip firms prepare for stormy annual meetings on the issue.

Luxury goods firm Burberry today posted a 19% profits fall but said its performance was "solid", helped by strong demand for handbags and scarves.

Burberry sales showed no signs of wilting in the recession today after the luxury goods retailer reported improved trading so far this year.

Luxury clothing brand Burberry came under attack today when workers heard from the media that they were losing their jobs under plans to close a factory.

Shares in Burberry tumbled today as the luxury goods maker warned of tough trading, particularly in the United States.

Fashion house Burberry today said underlying revenues rose by 19% as new store openings helped boost sales in the first half of its financial year.

Fashion house Burberry hailed a 30% rise in underlying sales today as demand for its luxury goods continued apace.

Fashion house Burberry pledged to ramp up expansion today as it celebrated an “outstanding” 12% rise in underlying earnings for its 150th anniversary year.

Fashion house Burberry reported a 19% surge in second-half sales today as demand for its luxury handbags and trench coats showed no signs of slowing.

Demand for luxury branded handbags and accessories helped lift Burberry’s sales growth into double digits, the group said today.

Fashion house Burberry posted a 10% rise in sales today after it benefited from “extraordinary” demand for its new range of luxury handbags.

Luxury goods group Burberry today revealed contrasting performances as booming sales in new markets such as China and India offset a softening in UK trading.

Shares in fashion house Burberry fell 7% today as it faced up to a soft UK market and warned of further revenues pressure at its wholesale arm.