Apple

Investor's Business Daily

Apple (AAPL) hired Angela Ahrendts, chief executive of Burberry Group, to head its retail operations. Ahrendts, the 1st woman to join the iPhone maker's executive team, will oversee Apple's 400-plus outlets and online store. Apple had been looking for a retail chief since last Oct., when CEO Tim Cook ousted John Browett in a management shakeup.

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