Mulberry faces financial challenges, with a 25% increase in operating loss.The company reports a £15.7m loss before tax, reflecting tough market conditions.Revenue has declined 16% year-on-year,…
Mulberry reports significant financial losses in the first half of the year.Losses have increased from £12.8m last year to £15.7m this year.CEO Andrea Baldo identifies the…
Frasers Group, led by Mike Ashley, has abandoned its £111m bid for Mulberry, aiming for board engagement instead.The decision follows Mulberry’s rejection of Frasers’ enhanced offer…
Frasers Group has decided not to pursue its acquisition of Mulberry, highlighting governance issues after being rejected by Mulberry’s board.Frasers, holding a 37% stake in Mulberry,…
In a definitive move, Mulberry has turned down Frasers Group’s increased takeover bid of £111 million. This decision highlights the ongoing tension between these prominent entities…
Frasers Group has announced pivotal developments regarding its investments in N Brown and Mulberry. The recent decisions have significant implications for both companies and their shareholders.Frasers…
Frasers Group has recently made headlines with its strategic divestment from N Brown Group, coinciding with its intensified effort to acquire the luxury brand Mulberry. This…
Frasers Group has taken strategic steps by divesting its 20.3% stake in N Brown Group while targeting Mulberry with a renewed bid.Frasers supports the Alliance family’s…
Mulberry’s largest shareholder has resolutely rejected another takeover bid from Frasers Group, describing it as an unwelcome diversion. The luxury brand remains focused on its recovery…
Mulberry has firmly declined the revised takeover proposal from Frasers Group, terming it as an “unwanted distraction” amid their strategic recovery efforts. The luxury brand, renowned…
