Apple's new head of retail, Angela Ahrendts, knows more about how tech meets retail than you might think.
(Read more: Apple is a luxury brand, not a tech company)
"Angela Ahrendts has always been ahead of the curve in redefining things," Peter Blair Henry, dean of New York University's Stern School of Business, said on CNBC's "Squawk on the Street" on Tuesday. "She took Burberry from a $2 billion market capitalization to a $7 billion market capitalization company through innovation. So I think you have to assume somebody as smart as she is knows what she is doing, and in her view, it's a new challenge."