Mulberry’s Revamped Strategy: Bringing British Bags Back to the Forefront Mulberry, the iconic British luxury brand, has had its fair share of ups and downs over the years. Despite once being a beloved label known for its craftsmanship and quality, the company has struggled with dwindling profits and missed opportunities to capitalize on emerging trends. […]
Mike Ashley’s Frasers Pulls Bid for Handbag Maker Mulberry
In a notable move within the luxury sector, Mike Ashley’s Frasers Group has decided to withdraw its bid to acquire Mulberry Group Plc, a British handbag manufacturer. This decision comes after Mulberry rejected Frasers’ latest offer of 150 pence per share, which is a step up from their initial bid of 130 pence. The refusal […]
Mike Ashley’s Frasers Group Makes £83 Million Offer for Handbag Maker Mulberry
In a noteworthy development in the luxury retail sector, Mike Ashley’s Frasers Group has made a significant move by proposing an £83 million bid to acquire the British handbag maker Mulberry. This offer comes amid pressing concerns surrounding the financial stability of the luxury brand, particularly following its announcement of a £10.75 million emergency share […]