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Mulberry Group PLC (MUY.F)

1.0600

-0.0600

(-5.36%)

At close: June 5 at 9:18:28 AM GMT+2

Mulberry has ‘neglected to connect’ with UK shoppers, says boss

Andrea Baldo said the luxury fashion company will focus more on ‘Britishness’ in future to counter a nosedive in profits.

PA Media: Money 4 months ago

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Mulberry eyes British comeback as focus shifts away from China

(Reuters) -Mulberry Group is seeking to win back customers in Britain, build a digital presence in the United States and scale back in China, CEO Andrea Baldo said as he outlined his strategy to turn around the struggling luxury handbag maker. Like larger rival Burberry, Mulberry said it would focus on its 'British heritage' appeal to regain customers it had neglected in previous years when it focussed on expansion in Asia-Pacific. "We need to export the British culture, but in another way it is also a way to showcase a British way of doing manufacturing," Baldo, who took office in September, told Reuters.

Reuters 4 months ago

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Mulberry to adjust prices as it seeks revenue turnaround

After rejecting multiple bids from Frasers, the luxury company is looking to streamline its internal structure and rethink product strategies.

Fashion Dive 6 months ago

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Trump presidency ‘will boost upper middle class’

Donald Trump’s presidency will boost the upper middle class, the chief executive of luxury handbag maker Mulberry said, amid hopes stronger US sales will help to reverse a wider slump.

The Telegraph 6 months ago

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Trending tickers: Alphabet, Super Micro, Trump Media, Imperial Brands and Mulberry

The latest investor updates on stocks that are trending on Tuesday.

Yahoo Finance UK 6 months ago

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Mulberry boss says ‘rebuild’ needed after sales plummet

The fashion brand is completing an internal review, with the aim of creating a ‘leaner’ operation.

PA Media: Money 6 months ago

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Ashley abandons Mulberry bid over handbag maker’s ‘difficult’ finances

Mike Ashley’s Frasers Group has abandoned a takeover bid for Mulberry, warning that the luxury handbag maker was in a “very difficult” financial position.

The Telegraph 7 months ago

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Frasers ditches £111m takeover plans for luxury firm Mulberry

Frasers urged Mulberry to provide a ‘credible’ business plan soon and raised worries over the governance of the fashion firm.

PA Media: Money 7 months ago

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Mulberry’s board joins majority shareholder in rejecting Frasers acquisition bid

This was the minority shareholder’s latest offer to acquire the shares it did not already own in the luxury company.

Fashion Dive 7 months ago

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Mulberry rebuffs Frasers offer on ‘lack of luxury experience’

Luxury handbag brand Mulberry has rejected Frasers Group's £111m ($144.96m) sales offer in favour of driving its own commercial growth, however an industry expert tells Just Style Mulberry's resistance is due to Frasers' "lack of experience" in the luxury sector.

Just Style 7 months ago

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Trending tickers: Nvidia, Apple, SAP, HSBC and Mulberry

The latest investor updates on stocks that are trending on Tuesday.

Yahoo Finance UK 7 months ago

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Mulberry dismisses £111m takeover tilt from Frasers as ‘untenable’

The fashion firm said its board would rather focus on ‘driving the commercial performance of the business’ than backing the 150p-a-share approach.

PA Media: Money 7 months ago

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Mulberry majority shareholder rejects second acquisition bid from Frasers

Despite an increased offer, the luxury fashion brand’s shareholder said it “has no interest” in selling its shares to the minority shareholder.

Fashion Dive 7 months ago

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Mulberry’s majority shareholder rejects Frasers’ £111m revised bid

Challice states that it has no interest in selling its Mulberry shares to the group.

Retail Insight Network 7 months ago

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Mulberry’s majority owner rebuffs £111m takeover by Frasers Group

Mulberry’s majority shareholder said it ‘has no interest’ in selling its stake in the business to the Sports Direct owner.

PA Media: Money 7 months ago

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Mulberry shares soar as Frasers Group revises possible takeover offer

The luxury fashion company’s stock jumped after Frasers, which already holds a substantial stake in Mulberry, announced a potential cash offer for the remaining shares it does not own, pricing them at 150 pence per share. The revised offer comes after an earlier approach, and if successful, would give Frasers full control over the company. Challice, which controls 56.4% of Mulberry, said it "has no interest in either selling its Mulberry Shares to Frasers or providing Frasers with any irrevocable or other undertaking".

Investing.com 7 months ago

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Billionaire Mulberry owner has ‘no interest’ in selling handbag maker to Mike Ashley

The billionaire owners of Mulberry have told Mike Ashley, the Sports Direct tycoon, they have “no interest” in selling the luxury handbag maker to his retail empire.

The Telegraph 7 months ago

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Billionaire Mulberry owner charged in corruption investigation

Mulberry’s billionaire owner has been charged in Singapore for his role in a scandal involving thousands of pounds’ worth of gifts he gave to a former government minister.

The Telegraph 7 months ago

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How a British fashion giant fell into Mike Ashley’s crosshairs

When Mulberry released a handbag named after the model Alexa Chung, it became the must-have accessory for “it” girls and was credited with helping the luxury fashion brand emerge from the global financial crisis.

The Telegraph 7 months ago

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Frasers proposes to acquire luxury handbag brand Mulberry for £83m

Mulberry reported a pre-tax loss of £34m in the year ending 30 March 2024, compared to £13m profit in 2023.

Retail Insight Network 7 months ago

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Performance Overview

Return	MUY.F	FTSE 100 (^FTSE)
YTD	-9.40%	+7.81%
1-Year	-17.19%	+6.84%
3-Year	-67.11%	+16.97%

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Mulberry Group PLC (MUY.F)

Mulberry has ‘neglected to connect’ with UK shoppers, says boss

Mulberry eyes British comeback as focus shifts away from China

Mulberry to adjust prices as it seeks revenue turnaround

Trump presidency ‘will boost upper middle class’

Trending tickers: Alphabet, Super Micro, Trump Media, Imperial Brands and Mulberry

Mulberry boss says ‘rebuild’ needed after sales plummet

Ashley abandons Mulberry bid over handbag maker’s ‘difficult’ finances

Frasers ditches £111m takeover plans for luxury firm Mulberry

Mulberry’s board joins majority shareholder in rejecting Frasers acquisition bid

Mulberry rebuffs Frasers offer on ‘lack of luxury experience’

Trending tickers: Nvidia, Apple, SAP, HSBC and Mulberry

Mulberry dismisses £111m takeover tilt from Frasers as ‘untenable’

Mulberry majority shareholder rejects second acquisition bid from Frasers

Mulberry’s majority shareholder rejects Frasers’ £111m revised bid

Mulberry’s majority owner rebuffs £111m takeover by Frasers Group

Mulberry shares soar as Frasers Group revises possible takeover offer

Billionaire Mulberry owner has ‘no interest’ in selling handbag maker to Mike Ashley

Billionaire Mulberry owner charged in corruption investigation

How a British fashion giant fell into Mike Ashley’s crosshairs

Frasers proposes to acquire luxury handbag brand Mulberry for £83m

Performance Overview