News

Rising leather prices hit Mulberry in the pocket

09/12/2013

UK leathergoods brand Mulberry has reported that its profit for the first six months of the year fell 28% after soaring leather prices and investment in a new factory and stores impacted results. However, its CEO, Bruno Guillon, said he was happy with the company’s progress in a difficult environment and said it is on target to open 15 stores...

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