SINGAPORE — Founded in 1972 by internationally renowned retailer and entrepreneur Christina Ong, Club 21 began as a small boutique in Singapore's

Chief executive Thierry Andretta is trying to turn things around, but the British heritage brand is a no-show at London Fashion Week again this season after years of sluggish sales and a slumping share price.

The handbag maker is committed to manufacturing in Britain, even as it grapples with rising costs since the country's EU referendum.

The fortunes of many global brands are now in the hands of a few powerful families pondering what comes next for their fashion dynasties.

Divia Harilela sits down with Jean-Marc Loubier, chief executive of First Heritage Brands, an investment arm of the Fung Group which owns Robert Clergerie, Delvaux and Sonia Rykiel, to talk about his global investment strategy.

"Its production and clientele might be globalised, but Mulberry still defines itself by its Englishness. Three decades before it was bought out in

"As Mulberry issues a second profit warning after slower than expected trading since Christmas, could the problem lie with consumers not being able