Celebrities that have sported the Mulberry handbag range included Kate Middleton, Emma Watson and Kate Moss
(Picture: Mulberry)High end fashion label Mulberry has announced that chairman Godfrey Davis is to step down from the group to be replaced by Chris Roberts.
Roberts will take up the post at the end of September and will steer a business whose revenues rose 23% year on year to reach £152.4 million, when it reported results last month.
He was appointed to the board of Mulberry in June this year as non-executive director and is currently managing director of Como Holdings, the luxury hotel group owned by Malaysian husband and wife team and billionaire industry titans Ong Beng Seng and Christina Ong, who also own Chalice Limited, a 56.2% shareholder in Mulberry.
Mulberry said Davis would remain associated with the firm as life president in a non-board role to continue to allow the group to “benefit from his extensive experience”.
The well-heeled have flocked back to luxury brands post-pandemic including the company’s iconic handbags that are seen by many as a status symbol and retail for thousands of pounds.
Celebrities that have sported the handbag range included Kate Middleton the Duchess of Cambridge, Harry Potter star Emma Watson, supermodel Kate Moss and chart-topper Rihanna.
Boss of Mulberry Thierry Andretta, said: "I would like to thank Godfrey for the outstanding contribution he has made to the group. Over the past 10 years he has provided sound counsel, direction and support to the board of directors and we wish him well for the future.
“I am delighted to welcome Chris to the role of chairman at Mulberry and am looking forward to working more closely with him."
Roberts said: "Mulberry is a unique business that has continued to evolve while staying true to its heritage as a sustainable luxury brand. I would like to thank Godfrey for his terrific service to the group, and I am looking forward to working more closely with the Board and management to continue to drive forward our strategy."
The Mulberry board said it intends to appoint an additional independent non-executive director and name a senior independent director in the near future.
