Mulberry: Luxury brand looks to turnaround ‘sub-optimal’ performance Retail British luxury plan Mulberry has unveiled a turnaround plan aimed at rescuing the retailer from a period of decline. This comes after its share price has fallen 17 per cent in the last month and more than 30 per cent in the last year. Revenue for the last quarter of the year fell 18.3 per [...]
Are job cuts on the horizon at struggling luxury giant Mulberry? Retail Struggling luxury brand Mulberry has announced it will streamline and rebuild the business as its profit continues to fall, signalling possible job cuts. Mulberry told markets this morning that UK retail sales fell by 14 per cent in the six months to September 28. Sales in Asia fell 31 per cent, while group sales overall [...]