You think they would be interested in mulberry?
It didn't occur to me initially but the Telegraph article made sense. LVMH has been very aggressive with its acquisitions lately.
You think they would be interested in mulberry?
Our English Mulberry has been in the hands of the Ongs (Of Singapore) since 2003..... they appointed Bruno and were obviously happy with the plans he proposed. We may not have liked Bruno or the changes he brought about, but he was working to a remit which had to have been approved by the board. Mulberry is, like all other fashion companies, about making money.... if the Ongs sit tight and reappoint or if there is another takeover, this won't changeWith the horrendous drop in share price since Bruni took over guess it's not really that surprising. Both companies seem to own most of the luxury brands.
It just seems incredulous they let such a downward spiral go on for so long unchecked. We could all see there mistakes so why couldn't they, just pure greed maybe? Seems a great shame that our English Mulberry will end up in the hands of the French. I would imagine they will make a better job of it than the present shareholders, good that they will loose most of their say. No wonder we have lost the arrogant Bruno..................
Indeed..... Interesting times aheadRegardless of who ultimately owns the company, they wouldn't give up the English heritage brand image because that's the one thing that sets Mulberry apart. I just had a look at LVMH's fashion brands (below) and you know what is conspicuously missing? A good English brand. After all, Kering has Alexander McQueen, Christopher Kane and Stella McCartney.
I actually think a takeover could be quite a good thing: a bigger conglomeration might have better industry knowledge in how to expand overseas and price goods without alienating an entire home market. And if LVMH ends up owning Mulberry, chances are that they'll send an interesting (probably British) designer to head up creative, like how they sent JW Anderson to Loewe
With the horrendous drop in share price since Bruni took over guess it's not really that surprising. Both companies seem to own most of the luxury brands.
It just seems incredulous they let such a downward spiral go on for so long unchecked. We could all see there mistakes so why couldn't they, just pure greed maybe? Seems a great shame that our English Mulberry will end up in the hands of the French. I would imagine they will make a better job of it than the present shareholders, good that they will loose most of their say. No wonder we have lost the arrogant Bruno..................
Our English Mulberry has been in the hands of the Ongs (Of Singapore) since 2003..... they appointed Bruno and were obviously happy with the plans he proposed. We may not have liked Bruno or the changes he brought about, but he was working to a remit which had to have been approved by the board. Mulberry is, like all other fashion companies, about making money.... if the Ongs sit tight and reappoint or if there is another takeover, this won't change
I loved Bayswaters, still do but not at over £1000 , new leather or not. I just don't think they are worth it even with the shareholder discount. I am not tempted by any of their other new designs at current prices, maybe at 50% off in the sale I will think differently.
Regardless of who ultimately owns the company, they wouldn't give up the English heritage brand image because that's the one thing that sets Mulberry apart. I just had a look at LVMH's fashion brands (below) and you know what is conspicuously missing? A good English brand. After all, Kering has Alexander McQueen, Christopher Kane and Stella McCartney.
I actually think a takeover could be quite a good thing: a bigger conglomeration might have better industry knowledge in how to expand overseas and price goods without alienating an entire home market. And if LVMH ends up owning Mulberry, chances are that they'll send an interesting (probably British) designer to head up creative, like how they sent JW Anderson to Loewe
I have to admit I have been "playing away" with chloe and Anya H for my last few purchases. I just felt insulted by the price rises and the quality control we have seen lately. I would love to come back and am very hopeful that quality, non-insulting prices and perhaps fab bags will lure me,
When I was in Anya Hindmarch. I overheard another lady telling the SA that she "used to love Mulberry". I wonder who has gained from Mulberry's loss?
I actually think a takeover could be quite a good thing: a bigger conglomeration might have better industry knowledge in how to expand overseas and price goods without alienating an entire home market. And if LVMH ends up owning Mulberry, chances are that they'll send an interesting (probably British) designer to head up creative, like how they sent JW Anderson to Loewe
Yikes - wouldn't want to be working at Mulberry HQ at the moment, stress!