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Monday 07 October 2024 9:01 pm|Updated:Tuesday 08 October 2024 9:28 amMulberry founder suggests LVMH could be the right buyer for the brandBy: Amber MurrayRetail ReporterShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailMulberry rejected a bid by Frasers last weekMulberry founder Roger Saul has suggested that French luxury behemoth LVMH could be the right company to step in and aid th <a href=https://www.owalas.com.de>owala wasserflasche</a> e struggling brand after it rejected an offer from Mike Ashleyrsquo Frasers group last week. Saul, who launched the brand in the 70s before <a href=https://www.polenes.com.de>polene</a> leaving in 2002, told This Is Money that Mulberry was a strong brand but too reliant on handbags. The company needs to go back to the spirit of the brand as a whole, he said.Saul said that Ashley was a good retailer but that he saw a <a href=https://www.stanleycups.com.de>stanley cup becher</a> better fit with a European luxury heavyweight like LVMH. He added that Mulberry already had a good base to profit off: To build a brand like that from scratch would cost hundreds of millions of pounds, he added.Matt Bradley, Managing Director UK at Sullivan Stanley, said that a takeover by a luxury conglomerate like LVMH could provide valuable resources and synergies, especially considering that historically, other brands in the LVMH portfolio have been able to retain their unique identities and brand essence after acquisition. Mulberry rejected the Frasers bid as lsquo;to Knpp Aggreko shareholders vote through pound;2.3bn takeover bid
Thursday 19 Septembe <a href=https://www.stanleycup.at>stanley becher</a> r 2019 9:58 am|Updated:Thursday 19 September 2019 10:05 amUK retail sales unexpectedly fall in AugustBy: Harry RobertsonShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailLIVERPOOL, ENGLAND ndash; JUNE 29: High Street shops try to entice customers with Summer sales as takings drop, on June 29, 2011 in Liverpool, England. The UKrsquo high streets continue to struggle with Habitat and Jane Norman going into administration and top retailers such as Thorntonrsqu <a href=https://www.hydro-jug.ca>hydrojug canada</a> o , TJ Hughes and Carpetright stores under threat of closure as they battle against rising rent and low takings. Photo by Christopher Furlong/Getty Images U <a href=https://www.stanley-cup.pl>stanley kubek</a> K retail sales fell in August as British shoppers bought fewer goods than in July, defying expectations of zero growth in a worrying sign for the UK economy.Read more: Cheaper computer games drag down UK inflation to three-year lowThe quantity of goods bought in August fell by 0.2 per cent month on month after a 0.4 per cent rise in July, figures from the Office for National Statistics ONS showed today.The ONS said non-store retailing ndash; which is mainly online shopping ndash; was the largest contributor to this fall, partially offsetting the strong growth reported last month for this sector.Year on year, retail sales grew by 2.7 per cent in August, down from 3.4 per cent in July. The ONS said this was a slowdown compared to the stronger growth exper |
