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The Latest Breaking News from Andrea Baldo

Mulberry sees sales rebound in year of ‘decisive progress’

The Somerset-based group said UK retail and online like-for-like sales jumped 13.7% higher in its final six months.

Evening Standard · Apr 20

Mulberry bounces back with festive trading boost

The luxury fashion firm reported a 21% slump in revenue in 2024.

Evening Standard · Jan 14

Losses shrink at Mulberry amid early progress in turnaround

Boss Andrea Baldo said it saw an ‘encouraging first half’ despite wider inflationary pressures in the sector.

Evening Standard · Nov 19, 2025

From analysis to the latest developments in health,
read the most diverse news in one place.

Mulberry raises £20m from shareholders after sales plunge lower

Bosses at the handbag maker said it has made ‘significant progress’ in its turnaround efforts.

Evening Standard · Jul 10, 2025

Mulberry in talks over £20m cash-call as losses widen

Mulberry expects to slump to a loss of around £23 million for the year to March 29 against losses of £22.6 million the previous year.

Evening Standard · Jun 20, 2025

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.

The Independent UK · Jan 30, 2025

Mulberry pins hopes on ‘Britishness’ to restore plunging profit

The luxury handbag giant saw sales slump over Christmas, partly as a result of rapidly falling demand in its key Chinese market.

Evening Standard · Jan 30, 2025

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Mulberry axes head office jobs in ‘rebuild’ after sales plunge

The new boss of the fashion company said he is simplifying the business in order to make it ‘leaner’ as part of a strategic overhaul.

Evening Standard · Nov 19, 2024

Mulberry cuts a quarter of HQ staff after sales slump and bigger losses

CEO says he will launch review to make company ‘leaner, more agile’ and the firm will ‘renew its relevance’

The Guardian - UK · Nov 19, 2024

Mulberry rejects fresh bid from Mike Ashley’s Frasers Group as ‘untenable’

Frasers had raised its offer from 130p to 150p a share, valuing the British luxury handbag maker at £111m

The Guardian - UK · Oct 22, 2024

Mulberry’s owner rejects increased £111m bid from Mike Ashley’s Frasers Group

Majority owner, Challice, says it has no interest in selling shares to group that already owns 37% of luxury brand

The Guardian - UK · Oct 13, 2024

Mulberry rejects £83m takeover bid from Mike Ashley’s Frasers Group

British handbag maker says it is raising cash for turnaround and does not need offer from Sports Direct owner

The Guardian - UK · Oct 1, 2024

Mulberry CEO ousted in surprise move

Shares in high fashion brand tumble on news

Evening Standard · Jul 9, 2024

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