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An industry-first study by global ecommerce accelerator, Pattern, has shown that despite their surging popularity, Australian consumers hold negative views on the quality of the products sold on emerging marketplaces Temu and Shein. The major Australian…
Mulberry is culling about 25 percent of its staff worldwide as it right-sizes in the wake of the Covid-19 pandemic. In a statement, the UK-based fashion brand said that while it has been able to reopen most of its stores in China and South Korea – and some in…
Expansion into Asia has weighed on British luxury bag label Mulberry’s bottom line, but the company is confident the foray will bear fruit. Mulberry reported a pre-tax loss of £5 million in the year to March 30, a sharp contrast to a £6.9 million pre-tax…
British luxury brand Mulberry is excited to announce the launch of its brand f lagship on Tmall’s Luxury Pavilion – Alibaba Group’s dedicated platform for premium brands. This launch is an important step in Mulberry’s strategy to develop the brand presence in…
Strong Asia performances helped mitigate falling UK Mulberry sales in the latest half year. While the UK fashion house’s total revenue was down 8 per cent to £68.3 million, international sales were up 13 per cent. Within that figure, new entities in South…
Mulberry has set its sights firmly on Seoul and South Korea. After Tommy Hilfiger’s show in Shanghai, it is now the turn of the British luxury leather goods label to tread the catwalks in Asia. For four days, Mulberry will be staging a series of events in the…
Despite a profit decline for its latest year, UK luxury leathergoods company Mulberry Group plans to form a JV to develop its business in South Korea. It says it has signed an agreement with SHK Holdings to form Mulberry (Korea) Co. It will own 60 per cent of…
Mulberry Group PLC (MUL.LN) said Wednesday that fiscal 2018 pretax profit declined 8% and that it will form a new majority-owned joint venture to develop its business in South Korea. The luxury leather-goods company said it has signed an agreement with SHK…
Luxury leather goods retailer Mulberry has flagged Australia as one of its next international targets and has inked a deal with Luxury Retail Group to help it oversee its local expansion. Three stores have already been leased, including a 244-metre squared…
UK-headquartered luxury fashion retailer Mulberry Group plans to launch in Hong Kong. Announcing its first half-year results, the brand revealed plans – but no details – to expand in both Hong Kong and Mainland China through an omnichannel strategy. Other,…
Luxury fashion and accessories brand Mulberry has added another joint venture (JV) in Asia with news that it has signed an agreement with existing license partner Onward Global Fashion to form a 50:50 JV company to operate its business in Japan. UK-based…
Luxury fashion brand Mulberry saw profits jump due to expansion in Asia, a rise in digital sales, and increased efficiencies, the group reported on Wednesday. Profit before tax was up 21% at the end March 2017, compared to a year previously. Sales from…
English luxury brand Mulberry Group has launched Mulberry Asia in partnership with Challice, which will run its business in China, Hong Kong and Taiwan. Mulberry Asia will start trading in Hong Kong from April 3, with a subsidiary in China and a branch office…
Mulberry Asia, a new joint venture between the British fashion brand and Challice Limited, has announced plans to open four stores in Hong Kong, China and Taiwan and a Chinese language eCommerce site. The move was announced along with the company’s half year…
British footwear brand Jimmy Choo has outperformed luxury peers such as Burberry and Mulberry to post a strong set of growth figures for the first half of 2016. While competitors struggle with declining luxury demand in Asian markets, Jimmy Choo has bucked…
British fashion retailer Mulberry has reported a strong set of results as it takes more direct control of its Asian distribution. With 2015/16 being the first full year with CEO Thierry Andretta and Creative Director Johnny Coca in charge, the results are a…
