Frasers Group ups stake in Mulberry to 37%, mulls bid
19th Nov 2020 09:38
(Sharecast News) - Mike Ashley's Frasers Group has upped its holding in luxury brand Mulberry to 37% and is considering a possible takeover, it confirmed on Thursday.
Read moreMulberry delays full-year results, pins blame on home working
2nd Sep 2020 08:11
(Sharecast News) - Luxury handbag maker Mulberry has delayed the release of its full-year results, pinning the blame on home working amid the Covid-19 pandemic.
Read moreMulberry suspends dividend, expects 'small' loss in H2
24th Mar 2020 07:52
(Sharecast News) - Mulberry said on Tuesday that it was suspending its dividend and now expects to make a "small" loss in the second half due to the coronavirus pandemic.
Read moreMike Ashley's Frasers Group buys 12.5% stake in Mulberry
3rd Feb 2020 19:40
(Sharecast News) - Mike Ashley's Frasers Group, formerly Sports Direct, has bought a 12.5% interest in luxury handbag maker Mulberry.
Read moreMulberry losses widen amid 'challenging' UK market
13th Nov 2019 10:28
(Sharecast News) - Losses at luxury handbag maker Mulberry widened in the first half of the year amid challenging conditions in the UK market and increased investment in Asia.
Read moreMulberry poaches Ted Baker finance director
22nd Aug 2019 11:03
(Sharecast News) - Ted Baker's finance boss, Charles Anderson, is leaving the fashion retailer after 17 years to join luxury handbag maker Mulberry.
Read moreMulberry swings to loss, cites 'challenging' UK market and HoF collapse
19th Jun 2019 07:52
(Sharecast News) - Luxury handbag maker Mulberry said on Wednesday that it swung to a full-year loss amid a "challenging" UK retail market and as it took a hit from the collapse of House of Fraser.
Read moreMulberry finance chief steps down
19th Mar 2019 08:23
(Sharecast News) - Mulberry Group chief finance director Neil Ritchie will stand down from the handbag maker after three years' service.
Read moreMulberry to take £3m hit from House of Fraser collapse
20th Aug 2018 07:41
(Sharecast News) - Mulberry, which operates 21 House of Fraser concessions, warned on Monday that the department store chain's collapse into administration will dent profits by around £3m, while "challenging" trading conditions mean full-year profit will be "materially" reduced.
Read moreMulberry incurs loss in first half due to weak pound
8th Dec 2016 09:02
(ShareCast News) - Mulberry, the luxury English fashion brand, reported a loss for the first half despite a rise in sales, due to higher investment and the depreciation of sterling pushing up input costs. Revenue was up 10% to £74.5m for the six months ended 30 September 2016. The group recorded a
Read moreMulberry posts surge in full-year profit
16th Jun 2016 07:44
(ShareCast News) - Luxury brand Mulberry - known for its iconic handbags - posted a jump in full-year profit as total revenue and retail sales grew. In the year to the end of March, pre-tax profit rose to £6.2m from £1.9m in 2015 on total revenue of £155.9m, up 5%. Meanwhile, retail sales were up 8%
Read moreMulberry appoints Neil James Ritchie as new FD
7th Mar 2016 09:19
(ShareCast News) - Luxury handbag maker Mulberry announced the appointment of Neil James Ritchie as group finance director with effect from 16 May. Meanwhile, existing group FD, Roger Mather, will step down from the board. However, he will remain available to support a smooth transition until he lea
Read moreMulberry swings to profit in first half
10th Dec 2015 10:38
(ShareCast News) - Luxury handbag maker Mulberry said it swung back into profit in the first half as revenue rose and the group's strategy began to bear fruit. For the six months to the end of September, it reported pre-tax profit of £0.1m compared with a loss of £1.1m in the same period last year a
Read moreRotork directors try to stem falling stock
21st Sep 2015 16:07
(ShareCast News) - Martin Lamb and Gary Bullard have purchased a handful of shares in Rotork, in a bid to stem the falling value of the company. JPMorgan Cazenove downgraded the stock to 'neutral' from 'overweight' and slashed its price target to 180p from 245p. It followed the company's profit warn
Read moreMulberry's finance director sells shares
9th Jul 2015 16:04
The finance director of Mulberry sold a big part of his stake in the luxury brand one day after its new creative director Johnny Coca joined the company. Roger Mather, who has been at the British fashion house since 2007, sold 70,000 shares at 450p each, bringing home a total of £315,000. Following
Read more