Mulberry Profits Fell 50% Group Executives Took The Blame

< p > > a href= "http://sjfzxm.com/news/index_c.asp" > British brand < /a > Mulberry. New profits have dropped by nearly 50%. The new chief executive will be decided by the creative director.

After successfully leaving the soul of the British brand Mulberry and its former creative director, Emma Hill, the former CEO Bruno Guillon, who pursues the expensive route of high price, can only choose to take the blame and resign in the face of miserable financial statements.

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< p > in the absence of a fixed creative director and no confirmation of the CEO's embarrassment, Mulberry released the financial year ended March 31st report, showing that profits fell by nearly 50% to 23 million U.S. dollars, but this is still considered to be in the normal range.

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< p > < a > href= > http://sjfzxm.com/news/index_c.asp > > analysis < /a > think that the decrease in profits is mainly due to the increase of new shops and other one-time expenses. Wholesale turnover has dropped by 6%, online sales have dropped by 11%, while international sales have increased by 11% to 9 newly established stores.

Mulberry brand executive chairman and acting CEO Godfrey Davis have reestablished Mulberry's light luxury line a few weeks ago and launched a new bag series called "Tessie".

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< p > about creative director and CEO, Davis replied in an interview with the British version of Vogue. "These two are the most important roles in the Mulberry brand. The Board understands that procrastination will be frustrating, but we are determined to find someone who is truly fit.

The chief executive officer will be decided by the creative director. This is the first consensus reached by a href= "http://sjfzxm.com/news/index_s.asp" and the board of directors "/a".

"All the words in the talk reveal that we have had enough of our predecessor Bruno Guillon.

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