The luxury brand Mulberry reports increased losses and plans a strategic overhaul under new CEO Andrea Baldo.Mulberry’s losses for the half-year widen to £15.7 million, reflecting…
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Mulberry continues to face financial challenges, reporting a significant operating loss for the first half of 2024.The British luxury brand’s operating loss reached £13.1 million, a…
Mulberry has declined the second takeover proposal from Frasers Group, led by Sports Direct owner, Mr. Mike Ashley.Mulberry’s majority owner, Challice, stated it will not sell…
Mulberry’s largest shareholder, Challice, has rejected Frasers’ revised takeover bid, indicating it as an ‘unwanted distraction.’The rejection follows Frasers’ increased offer from 130p to 150p per…
Mulberry, a well-known fashion retailer, has declined an increased bid from Frasers Group, reinforcing its current shareholder’s stance.Challice, holding 56% of Mulberry shares, firmly declines to…
Challice, Mulberry’s majority shareholder, firmly rejects Fraser Group’s acquisition propositions, valuing independence over external control.Challice, led by Christina Ong, holds 56.4% of Mulberry and effectively blocks…
Mulberry has declined an £83 million acquisition proposal from Frasers Group.Mulberry consulted major shareholder, Challice, before rejecting the offer.Mulberry showed confidence in new CEO Andrea Baldo…
Mulberry has rejected an £83 million takeover bid from Frasers Group, adding a new chapter to its strategic roadmap.The decision follows extensive consultation with its key…
Mulberry, the distinguished fashion brand, has resolutely rejected an £83m takeover approach from Mike Ashley’s Frasers Group.Mulberry believes the offer undervalues its future potential and is…
Andrea Baldo is appointed the new CEO of Mulberry, effective September 1, 2024, bringing a wealth of experience in fashion retail.Baldo previously held leading roles at…