Mulberry
This coverage examines Mulberry’s strategy, operations, and performance in the UK luxury retail and accessories market. Reporting covers store launches, financial results, sustainability initiatives, leadership changes, and brand positioning. Aimed at retail executives, buyers, and brand managers monitoring premium fashion trends, consumer demand, and competitive dynamics in the luxury sector.
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Aug- 2025 -18 AugustDepartment Stores
John Lewis to add 100 new clothing brands to lineup
John Lewis is reportedly adding 100 new clothing brands to its stores in a bid to compete with Next and Marks and Spencer. According to The Telegraph, the retailer is preparing to add dozens of new menswear and womenswear clothing ranges from British brands to help boost fashion sales. New…
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Jul- 2025 -11 JulyLuxury Goods
Mulberry raises £20m from shareholders amid £31.8m FY loss
British lifestyle brand Mulberry has unveiled a £20m fundraising in a bid to support its turnaround strategy, after reporting a £31.8m loss before tax in the year to 29 March due to revenues falling in a challenging luxury market. Group revenues dropped 21% to £120.4m in the period, with UK…
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Jun- 2025 -23 JuneLuxury Goods
Mulberry eyes £20m fundraising as losses widen
Mulberry has announced plans to raise £20m in funding as part of a turnaround plan to return to profitability, as it anticipates its full-year losses will widen. The group said it expects to report a profit loss before tax of around £23m, ahead of the £22.6m loss reported last year,…
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Jan- 2025 -30 JanuaryNews-In-Brief
Today’s news in brief-30/1/25
Retail crime in the UK has surged to record levels, with theft losses hitting £2.2bn in 2023/24, according to the British Retail Consortium (BRC). The trade body warned that organised crime groups are “systematically” targeting stores, while violence and abuse against retail workers spiked by over 50%, averaging 2,000 incidents…
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30 JanuaryClothing & Shoes
Mulberry announces new CFO amid turnaround plan
Mulberry has announced the appointment of Billie O’Connor as its new CFO as it revealed its “Back to the Mulberry Spirit” turnaround plan. O’Connor qualified in 2007 and has spent her career working in the consumer and retail sectors, most recently as the CFO and CIO of Milk and More,…
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21 JanuaryNews-In-Brief
Today’s news in brief-21/1/25
Aldi has announced a significant pay increase for its store assistants, setting a new minimum hourly rate of £12.71, rising to £14.00 within London’s M25 area, effective from March 1. This move reaffirms Aldi’s position as the highest-paying supermarket in the UK, exceeding the Real Living Wage standards. The retailer…
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21 JanuaryPeople Moves
Mulberry financial director to step down
British luxury brand Mulberry has announced that Charles Anderson, group financial director, has notified the board of his intention to resign. While Anderson will step down from the board with effect from 31 January, he will continue to support the business until 1 August to “assist with the handover and…
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Nov- 2024 -20 NovemberNews-In-Brief
Today’s news in brief-20/11/24
Ted Baker has re-entered the online retail scene with a UK-exclusive ecommerce platform following its financial collapse earlier this year. The site is operated by United Apparel and Legwear (ULAC), appointed by Authentic Brands Group, which owns the brand. European versions are in development. This marks a strategic pivot after…
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20 NovemberHealth & Beauty
The Body Shop appoints new CMO and CFO
The Body Shop has announced the appointments of Penny Brook and Sally Dowling as its new chief marketing officer and chief financial and operations officer, respectively. Brook began her marketing career at Mulberry England where she worked as an international marketing manager for a year. She then moved on to…
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19 NovemberNews-In-Brief
Today’s news in brief-19/11/24
Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since the start of 2023, the supermarket’s debt has dropped from £6.2bn to £3.8bn, supported by a £370m ground rent deal with Song Capital. The restructuring extended Term Loan Facilities to…
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