Luxury group Mulberry announces resignation of CEO
Quotes

Luxury group Mulberry announces resignation of CEO

Last Updated: Thursday, March 20, 2014, 14:19
 
 Comment 0
 
Luxury group Mulberry announces resignation of CEO
British luxury handbag maker Mulberry on Thursday announced the departure of its chief executive, Frenchman Bruno Guillon, with immediate effect after two years at the helm.

The company did not give a reason for the departure but it follows a profit warning from Mulberry in January following slowing sales in Britain and key market South Korea, sparking a collapse of its share price.

Mulberry said that Godfrey Davis, non-executive chairman and previously chief executive of the company, will become executive chairman until a successor is found.

"I, along with the board, would like to thank Bruno for his hard work over the past two years," Davis said in a short statement.

"He has helped improve the quality of the Mulberry offering and enabled the company to increase its international appeal and grown international retail sales. I am confident that Mulberry has the heritage, brand appeal and products to build on what has been achieved," he added.



AFP

First Published: Thursday, March 20, 2014, 14:19


Comments


comments powered by Disqus
BMW-X3
BMW-X3
Forbes Best Places for Biz 2014
Forbes Best Places for Biz 2014
Hyundai Elite i20
Hyundai Elite i20
Honda Mobilio MPV
Honda Mobilio MPV
Tata Zest first drive review: In pics
Tata Zest first drive review: In pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved