The Latest Breaking News from Challice

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 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

Frasers Group criticises management of Mulberry after ditching takeover plans

Mike Ashley’s retail group says it ‘remains concerned about governance’ at luxury brand after final bid rejected

The Guardian - UK · Oct 23, 2024

Mulberry set to stay out of the clutches of Frasers after Challice backing

Frasers upped its offer for Mulberry to 150p a share, valuing the company at £111 million, on Friday

Evening Standard · Oct 14, 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

Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry

Sports Direct owner looks to up 37% stake to 100% amid concerns for future of cash-strapped fashion firm

The Guardian - UK · Sep 30, 2024