Monday, January 20, 2025

Mulberry finance chief Charles Anderson quits as shake-up of the luxury brand continues

Mulberry’s finance chief has quit as a shake-up of the brand continues.

Charles Anderson will step down on January 31, just two months after the luxury fashion label pledged to stem falling sales and widening losses.

Mulberry has started a process to find a successor and Anderson will continue to support the business until August.

Chairman Chris Roberts hailed Anderson’s leadership as ‘instrumental in steering the business through a very challenging period’.

Boss Andrea Baldo is attempting to return the firm to the glory days of Brit-Chic, when its Alexa bag was an It Girl must-have accessory.

Baldo has insisted he will ‘renew the brand’s relevance’ on home turf after UK sales fell 14 per cent to £31.3million for the six months to September 28.

Shake-up: Mulberry finance chief Charles Anderson will step down on January 31, just two months after the luxury fashion label pledged to stem falling sales

DIY INVESTING PLATFORMS

Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.

Compare the best investing account for you

This post was originally published on this site

RELATED ARTICLES
Advertisements

Most Popular

Recent Comments