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
White Stag (clothing) White Stag (clothing) White Stag is an in-store brand of women's clothing and accessories sold by Walmart. Founded as a skiwear manufacturer in Portland, Oregon, the company was purchased by the Warnaco Group in 1966, which in turn sold the brand to Wal-Mart in 2003. The White Stag company began as an offshoot of the Hirsch-Weis Manufacturing Company of Portland, Oregon, which made durable outdoor clothing and supplies worn by loggers, mill hands, and stockmen. Hirsch-Weis was founded when brothers Max S. and Leopold B. Hirsch purchased the Willamette Tent and Awning Company, a manufacturer of sails for deepwater ships,