Burberry CEO in the UK, making £16.9m, the first time an English woman has held that title. In October 2013, it was announced that Ahrendts would take up the position of Senior Vice President of retail and online at Apple, Inc. from April 2014, and be replaced as CEO by Bailey. During her tenure, sales increased to over £2 billion, and shares gained more than threefold to £7 billion. Although Burberry promotes its British connection, according to The Guardian, a British national daily newspaper, as of July 2012, Burberry maintains two production facilities in Great Britain, one in Castleford producing raincoats,
Globus (clothing retailer) plans to expand to a much larger number of stores, such as 150. The chain was run by Ved Prakash Arya from its founding until March 2004. Currently, it is run by Vinay Gajanan Nadkarni, who serves it as the Managing Director and CEO. Nadkarni, who took over from Arya in 2004, opened the 36th store in February 2013. Kareena Kapoor became the brand ambassador in 2008 and planned to launch her own clothing line with the store. In 2007, Globus created the world's largest Christmas stocking, which was 111 feet tall. Globus (clothing retailer) Globus Stores Private Limited is