U.S. Markets closed

Airbnb appoints former Burberry boss to its board

Shannon Bond in San Francisco

, the former Apple retail head and Burberry chief executive, to its board, as the company best known for short-term rentals seeks to become a fully fledged travel brand. The tech group had hired her at a time when it was trying to reposition itself as a luxury brand with the launch of the Apple Watch and establishment of partnerships with Hermes to sell its wearable device.