Introducing Yummy: The rise of HSBC’s metrosexual shopper March 21, 2014 It hasn’t been an easy ride recently for luxury brands operating in emerging markets. This week, Mulberry lost its chief executive, following a shock profit warning in January, and brands Hermes, Kering and LVMH have seen their stocks slide over ten per cent since the autumn. The continued worries about the slowdown in the Chinese [...]
London Report: Under pressure Tesco to reveal crunch results December 1, 2013 TESCO’S quarterly results on Wednesday form the centrepiece of a full calendar of corporate results dominated by high street names. The supermarket, which recently saw its market share fall under 30 per cent for the first time over the last 18 months, is set to deliver disappointing numbers, according to analysts, who predict a like-for-like [...]
Listed firms on London Fashion Week stage September 15, 2013 Luxury handbag and fashion favourite Mulberry revealed its latest collection yesterday at London Fashion Week, with model Cara Delevingne also stepping out for Sir Philip Green’s Topshop Unique brand. Models for FTSE 100 firm Burberry will tread the boards today.
Mulberry hurt by rising costs as margins fall December 6, 2012 MULBERRY’S profits tumbled by more than a third in the first half of the year due to rising costs as the British fashion house presses ahead with its expansion plans and moving the brand upmarket. The group yesterday posted a 36 per cent drop in pre-tax profits to £10m for the six months to 30 [...]
Mulberry warns on profits October 23, 2012 Luxury brand Mulberry this morning issued a profit warning, largely due to a fall in wholesale shipments over the half year to 30 September. Mulberry, which makes luxury leather handbags, said this morning that wholesale shipments to third parties were down four per cent over the period to £30m. As a result, it expects revenue [...]
Mulberry profit warning sends shares crashing October 23, 2012 SHARES in Mulberry lost almost a quarter of their value yesterday after the company became the latest luxury fashion brand to warn on profit. The handbag and leather goods maker said that while British retail sales were meeting expectations, a slowdown in international sales and it decision to shrink its wholesale network meant full-year profits [...]
Team IT with these top accessories February 13, 2013 John Lobb Oxford shoes, £655 mrporter.com Bottega Veneta Curved intrecciato cufflinks, £270 mrporter.com Mulberry Heathcliffe leather briefcase, £895 mulberry.com
The top shows from fashion week February 21, 2013 While New York was a muted affair, British brands embraced colour and everyday decadence in a big way L ONDON FASHION Week is a third of a century old and this season: it showed. There was a maturity and a sense of optimism, both in the way the clothes were presented and in the collections [...]
Mulberry bags profit but sees shares slump June 14, 2012 MULBERRY lost almost a quarter of its market value yesterday after the British luxury handbag maker reported a marked slowdown in recent trading growth, despite full-year profits increasing almost two-fold. While pre-tax profit rose 54 per cent to £36m in the year to March, broadly in line with forecasts, the firm’s recent trading performance fell [...]
Retail gloom as UK stays at home February 17, 2013 SHOPPERS have been deserting the UK’s struggling retailers since the start of the year, adding to gloom in the sec- tor as sales fall for the first time in years and well-established firms col- lapse into administration. Total UK retail footfall sunk 4.6 per cent over the year to January, data from the British Retail [...]