Tuesday, October 6, 2015   

Mulberry chief resigns
(03-20 16:10)

Luxury handbag maker Mulberry, which has stores in major world capitals including Hong Kong, announced the departure of its chief executive, Frenchman Bruno Guillon, with immediate effect after two years at the helm.
The company did not give a reason for the departure but it follows a profit warning from Mulberry in January following slowing sales in Britain and key market South Korea, sparking a collapse of its share price.
Mulberry said that Godfrey Davis, non-executive chairman and previously chief executive of the company, will become executive chairman until a successor is found.
“I, along with the board, would like to thank Bruno for his hard work over the past two years,'' Davis said in a short statement.
“He has helped improve the quality of the Mulberry offering and enabled the company to increase its international appeal and grown international retail sales. I am confident that Mulberry has the heritage, brand appeal and products to build on what has been achieved,'' he added.—AFP
Other Business breaking news:
Nikkei closes higher (10-05 14:21)
Hang Seng climbs (10-05 14:04)
Pacific trade pact talks drag on (10-05 12:21)
Greenback firms against regional currencies (10-05 12:07)
Nikkei rallies (10-05 12:05)
US stocks tumble on weak jobs report (10-02 21:52)
France's Total gets Iran gas station license (10-02 21:50)
Air France to shed 2,900 jobs (10-02 21:34)
US hirings slow in September (10-02 21:33)
European benchmarks jump (10-02 20:06)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.