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
Global trade of secondhand clothing a niche market, whether in third world countries, second-hand clothing imported from the west, are a staple source of clothing. The largest exporters of used clothing are the USA, followed by the UK, Germany and the Netherlands. The world largest importers of used clothing are Sub Saharan countries, receiving over 25% of global second-hand clothing exports. Some countries, like Philippines and India ban the import of secondhand clothes, in order to protect the local textile industry. Other countries like Pakistan, Uganda or South Africa, which have a flourishing Textile Industry, have limited or no restrictions. South Africa, for example, allows