Mulberry news and archive

Mulberry unveils pre-loved pop-up and collab with Stefan Cooke

British accessory label Mulberry has unveiled a new collaboration with designer label Stefan Cooke which will be among the offerings at its pre-loved pop-up store in London, set to open tomorrow. The limited-edition capsule comes as part of the brand’s circularity programme, The Mulberry Exchange, and involves a selection of 27 pre-loved bags...

People

Mulberry names Leslie Serrero as new non-executive director

British heritage brand Mulberry has appointed Leslie Serrero as a non-executive director, effective from September 7. Serrero, who has extensive experience in luxury brand leadership, has been the international managing director of US luxury group Casa Kosmos Brands Group since October 2022, having previously held senior executive roles at Fendi...

Business

Mulberry issues upbeat outlook driven by international retail sales

British accessories brand Mulberry has posted a positive outlook on its current trading for the first 12 weeks of the financial year, during which time its revenues were reported to be 6 percent ahead of the year prior. International sales were at the forefront, coming in at 46 percent above the previous period’s results, with Asia Pacific...

Business

Mulberry believed to have denied Mike Ashley’s board seat bid

Luxury brand Mulberry has reportedly rejected Mike Ashley’s bid to join its board after the retail tycoon expressed concern over the company’s handling of its Asian business. Ashley’s Frasers Group has a 36.8 percent stake in the British retailer, however it is controlled by Malaysian billionaire Ong Beng Seng, who owns over 56 percent alongside...

BusinessFeatured

Mulberry FY sales up 4 percent, but investment costs hit profits

British luxury label Mulberry has reported a 4 percent increase in sales but narrowing losses in its preliminary full-year results. The handbag maker made revenue of 159.1 million pounds in the year to April 1 compared to 152.4 million pounds a year earlier “despite macroeconomic uncertainty”. In its domestic market of the UK, retail sales fell...

BusinessFeatured

Mulberry FY23 sales boosted by China’s recovery

British luxury brand Mulberry has outlined its trading performance for the financial year ended April 1, 2023, stating that its results were “in line” with the board’s expectations. The group’s revenue came slightly ahead of the previous year, with much of its profitability weighted to the second half, according to a regulatory filing....

Fashion |In Pictures Featured

Mulberry unveils collaboration with Axel Arigato

British heritage brand Mulberry has unveiled a collaborative capsule collection with Swedish lifestyle label Axel Arigato inspired by “memorable pop culture moments from the past 50 years”. The limited-edition collection spans unisex ready-to-wear, bags, footwear and accessories, and marries Axel Arigato's Scandinavian minimalism with Mulberry's...

Retail

Mulberry closes Bond Street flagship

British accessory business Mulberry is closing its Bond Street flagship store after 27 years. The boutique, housed in one of London’s most affluent shopping destinations, failed to generate sufficient sales after the government ended its VAT-free shopping scheme. What some outlets have dubbed the ‘tourist tax’, Mulberry’s store revenue was...

Fashion Featured

Paul Smith debuts Mulberry collaboration at PFW

Two of Britain’s best-known designer labels, Mulberry and Paul Smith, debut their upcoming collaboration of unisex bags for autumn/winter 2023 at Smith’s catwalk showcase at Paris Fashion Week. The Mulberry x Paul Smith collaboration will launch in autumn with a 10-piece capsule collection that reworks Mulberry’s timeless messenger bag, the ‘...

Fashion |In Pictures

Mulberry celebrates the Year of the Rabbit with Miffy

British heritage brand Mulberry has unveiled a limited-edition capsule collection with beloved bunny Miffy to celebrate the Year of the Rabbit for Lunar New Year. The Mulberry x Miffy collection sees the Dutch bunny appearing on a series of bags and accessories, including keyrings, travel and tech accessories, as well as small leather goods and...

BusinessFeatured

Mulberry swings to H1 loss as UK shoppers rein in spending

British luxury brand Mulberry has reported a loss in the first half of the year as its UK retail sales were hit by the cost of living crisis. The Somerset-based handbag specialist posted a pre-tax loss of 3.8 million pounds in the six months to October 1, compared to a profit of 10.2 million pounds a year earlier. It came as consumers tightened...

Fashion Featured

Mulberry and Chanel among the winners at the Walpole British Luxury Awards

The Walpole British Luxury Awards, which celebrates the contribution that luxury and high-end businesses make to the UK, honoured Mulberry, Chanel, Edward Sexton, Fortnum & Mason and Harris Tweed Hebrides at its 2022 event. Mulberry was awarded the Sustainable Brand of the Year, recognising the progress that it has made towards its ‘Made to Last...