Analysis
A look at Mulberry’s financial struggles and future prospects
Mulberry’s resistance to Frasers Group highlights the board’s desire for an owner with a long-term vision aligned with the luxury market’s nuances
Once a darling of the British fashion scene in the 2000s, Mulberry was a go-to accessory for trendsetters like Alexa Chung with its signature leather handbags, such as the Bayswater. However, the group is now grappling with a financial crisis, reporting a pre-tax loss of £34.1m for the year ending March 2024, and facing an 18% drop in sales in the following months.You'll need to
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