AFP, SAN FRANCISCO and PARISA new head of retail is to take over at Apple Inc in April as the iPhone maker looks to ramp up sales in a sluggish smartphone market, particularly in China. Apple hired Ahrendts away from her position as Burberry’s top executive in late 2013. Apple operates 35 online stores and 506 retail stores on five continents, and boasts about 70,000 retail employees. Apple is entering a critical period in which it needs to drive demand “on the retail front,” especially in China, Ives said in a note to investors. The magazine reported that the firm paid nearly 500 million euros (US$570 million) to resolve the case in a confidential settlement reached in December last year.

Source: Taipei Times February 06, 2019 15:56 UTC