Despite debuting a line of additional accessible hermes belts to earn back old customers and signing on Cara Delevingne to do a high-profile capsule selection and campaign, Mulberry's fortunes continue to haven't turned all-around. Earlier this week, the corporation issued a profit warning to shareholders after a 17% decline in sales with the very first half of 2014, according to Women's Wear Day by day. Be careful of anyone who wants to attribute that to global strife or changing vacation patterns, even though; Mulberry's only got by itself to blame.
In yesterday's Big apple Times, Vanessa Friedman enumerated the issues at Mulberry that we have been talking about here for a although. Despite the departure of disastrous CEO Bruno Guillon, who arrived to the model from Hermes and, in his short tenure, jacked up all its price levels and alienated widely used creative director Emma Hill to the point of resignation, not a lot has changed. The organization has still to name a new permanent CEO or creative director, though they do have Cara Delevingne on their payroll. leather handbags
