Mulberry

The British handbag maker will lay off around 85 people globally as it aims to chart a path back to profitability after fending off a takeover bid from billionaire Mike Ashley’s Frasers Group.

The group was struggling due to investment costs and a tough trading environment in its home market even before the pandemic hit.

The British leather goods brand, whose shares have fallen 30 percent this year, said it expected a gradual recovery sales in the medium-term.

Top-tier brands like Chanel and Louis Vuitton are hiking prices in what looks like a bid to pad margins, cushion the impact of lower sales volumes and capitalise on the China rebound.

This week, Lanvin CEO Jean-Philippe Hecquet steps down, while L Brands secures a board chair to join upon the completion of its Victoria’s Secret sale.

The British sportswear retailer bought a 12.5 percent stake in the luxury leather goods company.

The British luxury brand's shares have fallen 23 percent over the last year.

A surprising partnership between the British heritage handbag maker and one of Sweden’s coolest labels is launching today. BoF investigates why.

This week, Nordstrom appoints its first chief merchandising officer, Fengmao, a joint venture between YNAP and Alibaba, names its CEO.

The British luxury bag maker swung to an annual loss as it took a £3 million ($3.77 million) hit from the collapse of department store group House of Fraser.