Mulberry handbags are seen for sale in the Dundrum branch of Brown Thomas ahead of it’s grand opening, in Dublin Ireland, February 23, 2022. Picture taken February 23, 2022. REUTERS
Jan 30 (Reuters) – UK luxury brand Mulberry Group on Thursday, unveiled a plan to return to profitability, including by focusing on the UK market, accelerating growth in the U.S. and re-align operations in Asia with reduced emphasis on China.
Mulberry also said it was working on reducing operating costs by about 25% on an annualised basis compared to 2024.
The company also said it had named Billie O’Connor as its new finance boss.
Reporting by Chandini Monnappa in Bengaluru; Editing by Rashmi Aich and Savio D’Souza
