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Mulberry shrugs off profit warning, plots global expansion Monday, 3rd December 2012
Mulberry is expected to announce plans for further global expansion this week at its half-year results, as the luxury British brand looks to calm investors after its second profit warning this year. According to the Independent, Mulberry will no longer be looking to add outlet shops to its operations, and will instead be focusing on opening full-price only stores in the UK, France, Germany, the US, and Asia as it looks to control margins.
Mulberry welcomes new boss from rival firm Hermès Thursday, 8th March 2012
Mulberry has welcomed its new chief executive from rival firm Hermes. Bruno Guillon who started at the beginning of the month, has received 200,670 shares after paying £2 for each £18.90 share- with the remaining £16.90 per share being paid by Mulberry.
Mulberry appoints Bruno Guillon as new chief executive Wednesday, 21st December 2011
British fashion and accessories brand Mulberry has appointed a new chief executive to join the company in March. Bruno Guillon will join from French leading luxury brand Hermès Sellier SARL where he is managing director of French subsidiary Hermès France, a position he has held for four years. The incoming chief executive will replace Godfrey Davies, the incumbent chief executive and chairman at the company, who will continue as non-executive chairman after a three month handover period.