Burberry announced overnight that it has named former Givenchy creative director Ricardo Tisci as its new creative director. Tisci takes over for Christopher Bailey who recently vacated the position. Tisci who served at Givenchy from 2005 -20017 will assume his role at Burberry effective March 12th.

Notable Quotes: “I am honoured and delighted to be joining Burberry as its new Chief Creative Officer and reuniting with Marco Gobbetti. I have an enormous respect for Burberry’s British heritage and global appeal and I am excited about the potential of this exceptional brand.” – Ricardo Tisci

“I am delighted that Riccardo is joining Burberry as Chief Creative Officer. Riccardo is one of the most talented designers of our time. His designs have an elegance that is contemporary and his skill in blending streetwear with high fashion is highly relevant to today’s luxury consumer. Riccardo’s creative vision will reinforce the ambitions we have for Burberry and position the brand firmly in luxury.” -Marco Gobbetti, CEO of Burberry