Mulberry’s new chief executive promises to ‘rebuild the business’
Mulberry's new chief executive Andrea Baldo has committed to creating a "leaner, more agile organisation" in response to the company's struggles.
Sales were down by one-fifth in the six months to September 28, as pre-tax losses increased to £15.7m.
Baldo said the half-year results showed "the clear need to reprioritise and rebuild the business".
"Mulberry is an iconic brand," he said. "It stands out for its rich heritage and craftsmanship - qualities that our customers recognise and value deeply.
"Combined with our unique... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
