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House of Fraser woes push Mulberry into £3m loss
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2018/08/Mulberry_store_Brompton_Road_London_June_2016_01-e1534755036349-780x470.jpg?lossy=1&strip=1&webp=1)
Designer fashion brand Mulberry has issued a profit warning following the financial woes of House of Fraser. With the company, saying it expects to absorb costs of £3m due to the chain’s restructuring, the company’s shares dropped by 30% following the announcement.
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