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.
-
Jun- 2022 -29 JuneHigh Street
Mulberry sees profits rise amid post-pandemic sales boost
Mulberry Group has reported that its revenues increased 32% to £152.4m compared with £115m in 2021, which it said reflects its strong recovery post pandemic. In its preliminary results for the 53 weeks ended 2 April 2022, Mulberry reported profits before tax reached £21.3m, up from £4.6m in 2021, however,…
Read More » -
Mar- 2022 -29 MarchNews
Mulberry profits to be ahead of expectations
Luxury fashion retailer, the Mulberry Group, has announced its full year revenues and profits are to be “moderately” ahead of expectations, according to its trading update for its financial year ending 2 April 2022 (FY22). The “robust” sales trend delivered in the first half of FY22 has continued throughout the…
Read More » -
Oct- 2021 -27 OctoberPeople Moves
VF Corporation appoints VP of investor relations
VF Corporation, a branded lifestyle apparel, footwear, and accessories group, has appointed Allegra Perry to the position of vice president, investor relations, effective January 2022. In her new role, Perry will report to VF’s CFO Matt Puckett, and be responsible for leading all aspects of VF’s investor relations program. She…
Read More » -
Jun- 2021 -23 JuneClothing & Shoes
Reformation to launch Covent Garden flagship
Sustainable fashion brand Reformation has agreed terms to launch a new London flagship store in Covent Garden. Opening at 27 King Street, the retailer’s latest flagship store follows from its first London site which opened in August 2019. Reformation was founded in 2009, and acts water, waste, and carbon neutral…
Read More » -
May- 2021 -27 MayClothing & Shoes
Frasers Group ends Hugo Boss rumours
Mike Ashley’s Frasers Group has denied rumours that it plans to launch a takeover bid for luxury fashion house Hugo Boss. The claim was first reported in the Telegraph on Friday 21 May, resulting in a 7% jump in shares at the premium fashion brand. However, in a London Stock…
Read More » -
Apr- 2021 -21 AprilClothing & Shoes
Mulberry launches sustainability manifesto
Luxury fashion house Mulberry has launched a new sustainability manifesto, which outlines the company’s “ambitious commitments” to transform the business to a “regenerative and circular model”, encompassing the entire supply chain by 2030. The launch of the “Mulberry Made to Last” manifesto marks the group’s 50 anniversary year as a…
Read More » -
Jan- 2021 -20 JanuaryClothing & Shoes
Frasers Group increases stake in Hugo Boss
Mike Ashley’s Frasers Group has increased its stake into luxury retailer Hugo Boss to around 15%. Frasers revealed it now has interests 3,611,700 shares of common stock, representing 5.1% of Hugo Boss’s total share capital and 3,377,465 shares of common stock via contracts for difference, representing 4.8% of Hugo Boss’s…
Read More » -
Dec- 2020 -18 DecemberLuxury Goods
Frasers Group will not make formal bid for Mulberry
Frasers Group has announced that it will not be making a formal bid for Mulberry after ongoing rumours of a potential acquisition. Mike Ashley’s retail group currently owns a 36.8% stake in the business and last month said it was considering a takeover of the brand. Last month, Frasers Group…
Read More » -
Nov- 2020 -26 NovemberClothing & Shoes
Mulberry revenue falls 29% as lockdown hits sales
Mulberry has reported a 29% decline in revenue to £48.9m during the first half of the year, as the impact of the coronavirus pandemic impacted its sales. For the 26 weeks ending 26 September 2020, the retailer also revealed an adjusted loss before tax of £1.9m (2019: £10.1m) before adjusting…
Read More » -
4 NovemberClothing & Shoes
Frasers Group increases stake in Mulberry to 29.7%
Frasers Group has more than doubled its stake in Mulberry, the luxury fashion company, from 12.5% to 29.7%. Mike Ashley’s retail group had bought its first set of shares in the firm in February of this year for almost £19m. At the time, Frasers said the move was part of…
Read More »
