Mulberry Unveils Restructuring Plan for Profitability

Mulberry Group, the esteemed UK luxury brand, has announced a strategic plan to restore profitability. Key initiatives include:

- Strengthening UK market presence
- Accelerating US growth
- Revising Asia operations with reduced focus on China
- Implementing cost-cutting measures targeting a 25% reduction by 2024
- Appointment of Billie O'Connor as Chief Financial Officer