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British luxury fashion house Burberry has announced the departure of its President and Chief Creative Officer Christopher Bailey which will leave his current position on 31 March 2018. Bailey became the President and COO of Burberry in May 2014. The 46-year-old designer has been the driving force behind the company’s success. Started just as an outerwear business, Burberry has now established itself as one of the world’s largest and most admired luxury brands. It will be interesting to see who will replace Bailey at Burberry. According to grapevines, the brand may hire a talented emerging designer other than a renowned name.