Angela Ahrendts out of the Spanish franchise which was then generating 20% of group revenues to stop its unfettered licensing. Ahrendts says she did not model her approach after any other fashion house, but looked to world-class design as an influence, including Apple Inc.. The company value rose during her tenure from £2 billion to over £7 billion. CNN Money reported that during 2012, she was the highest paid CEO in the UK, making $26.3 million. On October 15, 2013, it was announced that Ahrendts would leave Burberry in Spring 2014 to join Apple Inc. as a member of its executive team
Penalty (sports manufacturer) Penalty (sports manufacturer) Penalty (BM&F Bovespa: CAMB4) is a sporting goods company established in 1970 in the Brazilian city of Sao Paulo. The brand is operated by its owner and creator, Grupo Cambucci. The company manufactures mainly association football equipment such as kit uniforms and balls. In 1945 the Assibe Brothers founded "Malharia Cambuci SA", a company of clothing for men and women in the neighborhood of Cambuci, in São Paulo. In 1970 the company created the brand "Penalty" launching products for football market. In the 1980s, Penalty became the largest Brazilian manufacturer of balls. During this period, acquired the