LONDON — Mulberry’s majority owner Challice Ltd. has asked Frasers Group to cease its pursuit of the accessories brand, and said any attempt at a takeover will fail. Challice was responding to Frasers’ updated offer for the company, which was lodged after the market closed on Friday. Frasers has increased its proposed cash offer to about … Read more
LONDON — Mulberry’s owner, the Malaysian billionaire Ong Beng Seng, has become entangled in a gifting scandal in Singapore and was charged on Friday with obstruction of justice and abetment in the country’s State Court. He is alleged to have showered Singapore’s former transport minister, Subramaniam Iswaran, with gifts, trips and free tickets to sports … Read more
LONDON — Mulberry is raising fresh funds following a tough 12 months that saw it swing to a pretax loss of 34.1 million pounds amid declining revenue and increased operational costs. The British accessories brand said Friday it plans to issue new shares worth 10 million pounds, which will be underwritten by its main shareholder … Read more
LONDON — Mulberry’s founder Roger Saul is auctioning off his personal archive at Dreweatts, the London-based auction house. The sale will take place on Aug. 7. The lot will include luggage pieces that never made it to production, original designs and classic pieces from the British brand. Mulberry ski carrier. “I have been so lucky … Read more
LONDON — British brand Mulberry is fast acquiring an Italian accent with the appointment last week of Andrea Baldo as chief executive officer, and a new clothing, accessories and footwear collaboration with the Milan-based brand Eleventy. The capsule, which launches Monday, offers a fusion of both brands’ styles, with a focus on “responsible craft, quality … Read more
For the Year of the Dragon — the only imaginary animal in the 12 Chinese zodiac signs, as well as one of the most auspicious creatures — luxury and fashion brands let their imagination roam free with holiday collections that reflect brand value and showcase localization know-how. “From the consumer’s point of view, Chinese New … Read more
