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Mulberry

The 'accessible luxury' brand has become known for its celebrity collaborations with Alexa Chung, Lana del Rey and Cara Delevingne

Vital statistics

  • 1971 Established
  • Type
  • £165.1m (2013) Revenue
  • 86 Stores
  • London, United Kingdom HQ

Company Snapshot

Company Snapshot

Mulberry is a fashion company founded in England in 1971, known internationally for its leather goods, in particular women's handbags.

The company was founded in 1971 by Roger Saul and his mother Joan. In 1973 they opened a factory in Chilcompton, Somerset, England. Mulberry established itself as a British lifestyle brand, noted for its leather poacher bags including the binocular bag and dispatch bag. The range includes womenswear, menswear and footwear. Mulberry Group plc is listed on the London Stock Exchange as MUL, and shareholders with 500 or more shares are entitled to a 20 percent discount at Mulberry's shops.

Mulberry has stores throughout the UK and all over the world including Europe, the USA, Australia and Asia. It has registered offices in Somerset, London and New York. Mulberry continues to make designer leather goods at its original Somerset factory, called The Rookery. The company plans to expand the factory increasing the number of bags produced in the UK.

Designer Emma Hill joined Mulberry in 2007, and has been credited with turning the Somerset-based firm from a trusted briefcase and wallet maker into an international fashion powerhouse. The brand has a number of celebrity fans, including the Duchess of Cambridge.

Hill was credited with creating huge hits for the company, such as the Alexa Chung handbag. Profits for the firm were initially strong after Hill's appointment, however the brand struggled during the credit crisis, and has issued two profit warnings in the past year. In June 2013, it was announced that Hill would be leaving the brand due to creative differences. Company share prices fell in the wake of the announcement.

Source: Wikipedia

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