The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
LONDON, United Kingdom — Mulberry Group Plc said creative director Emma Hill wants to leave the British luxury-goods maker after six years, sending the shares down the most in two months.
The timing of Hill’s departure is under discussion and has yet to be finalized, Somerset, England-based Mulberry said today in a statement. No reason was given for why the designer wishes to quit the maker of 2,500-pound ($3,880) ostrich leather bags.
Mulberry fell 9.1 percent to 970 pence at 11:47 a.m. in London trading, the steepest intraday drop since April 5.
The announcement is the latest in a series of setbacks for Mulberry, which said in March that reduced tourist spending in London would cause full-year sales and profit to miss estimates. The luxury-goods maker is experiencing a period of consolidation while it lays the foundations for future growth, Chief Executive Officer Bruno Guillon said at the time.
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Hill joined Mulberry in 2007. Her spring-summer 2014 collection has been completed and she continues to work in the business finalizing the London Fashion Week collection which will be unveiled on Sept. 15, Mulberry said.
By: Andrew Roberts; Editors: Paul Jarvis, Marthe Fourcade.
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.