Mulberry news and archive

Mulberry FY23 sales boosted by China’s recovery

British luxury brand Mulberry has outlined its trading performance for the financial year ended April 1, 2023, stating that its results were “in line” with the board’s expectations. The group’s revenue came slightly ahead of the previous year, with much of its profitability weighted to the second half, according to a regulatory filing....

Fashion |In Pictures Featured

Mulberry unveils collaboration with Axel Arigato

British heritage brand Mulberry has unveiled a collaborative capsule collection with Swedish lifestyle label Axel Arigato inspired by “memorable pop culture moments from the past 50 years”. The limited-edition collection spans unisex ready-to-wear, bags, footwear and accessories, and marries Axel Arigato's Scandinavian minimalism with Mulberry's...

Retail

Mulberry closes Bond Street flagship

British accessory business Mulberry is closing its Bond Street flagship store after 27 years. The boutique, housed in one of London’s most affluent shopping destinations, failed to generate sufficient sales after the government ended its VAT-free shopping scheme. What some outlets have dubbed the ‘tourist tax’, Mulberry’s store revenue was...

Fashion Featured

Paul Smith debuts Mulberry collaboration at PFW

Two of Britain’s best-known designer labels, Mulberry and Paul Smith, debut their upcoming collaboration of unisex bags for autumn/winter 2023 at Smith’s catwalk showcase at Paris Fashion Week. The Mulberry x Paul Smith collaboration will launch in autumn with a 10-piece capsule collection that reworks Mulberry’s timeless messenger bag, the ‘...

Fashion |In Pictures

Mulberry celebrates the Year of the Rabbit with Miffy

British heritage brand Mulberry has unveiled a limited-edition capsule collection with beloved bunny Miffy to celebrate the Year of the Rabbit for Lunar New Year. The Mulberry x Miffy collection sees the Dutch bunny appearing on a series of bags and accessories, including keyrings, travel and tech accessories, as well as small leather goods and...

BusinessFeatured

Mulberry swings to H1 loss as UK shoppers rein in spending

British luxury brand Mulberry has reported a loss in the first half of the year as its UK retail sales were hit by the cost of living crisis. The Somerset-based handbag specialist posted a pre-tax loss of 3.8 million pounds in the six months to October 1, compared to a profit of 10.2 million pounds a year earlier. It came as consumers tightened...

Fashion Featured

Mulberry and Chanel among the winners at the Walpole British Luxury Awards

The Walpole British Luxury Awards, which celebrates the contribution that luxury and high-end businesses make to the UK, honoured Mulberry, Chanel, Edward Sexton, Fortnum & Mason and Harris Tweed Hebrides at its 2022 event. Mulberry was awarded the Sustainable Brand of the Year, recognising the progress that it has made towards its ‘Made to Last...

Fashion |In Pictures

Mulberry launches outerwear capsule inspired by Softie bag

Mulberry has evolved its contemporary Softie bag style into an outerwear capsule collection for autumn/winter 2022. The Softie bag was launched in February 2022 and has made an impact with its distinctive puffy quilting. That signature detailing has been translated into a tactile outerwear collection “fusing functionality with a fashion-forward...

PeopleFeatured

Mulberry chair Godfrey Davis to step down, successor announced

Mulberry chair Godfrey Davis is stepping down at the end of September, the luxury handbag maker announced Tuesday. Davis first joined the British label in 1987 as finance director before moving his way up the ranks to become joint chief executive officer and chair in 2002. “It has been a privilege to hold the position of chairman of this iconic...

BusinessFeatured

Mulberry reports robust FY revenue, pre-tax profit growth

British luxury label Mulberry has reported robust annual results as customers returned to physical stores following the end of lockdowns. In the year to April 2, the bag specialist posted revenue of 152.4 million pounds, up 32 percent compared to the 115 million pounds it made the previous year. Breaking it down by geography, retail sales in its...

Fashion Featured

Mulberry to rent its bags for the first time with Hurr

British luxury brand Mulberry is partnering with circular fashion marketplace Hurr to allow customers in the UK to rent its bags, including the Alexa and Bayswater, for the first time. The partnership is part of Mulberry’s ongoing sustainability journey and adds to its existing circularity offering by offering UK customers a new, accessible way...

BusinessFeatured

Inside Mulberry and Courrèges’ digital ID adoption

British leather goods specialist Mulberry has announced plans to equip its products with digital IDs, a tool that has also been adopted by Courrèges. Mulberry will be bringing digital product information to all of its leather goods by 2025, said its managing director Thierry Andretta at the 2022 Global Fashion Summit in Copenhagen on Wednesday....