Mulberry cuts 85 jobs as sales fall 19% amid global luxury downturn
Briefly

"There is no question that our industry is facing a period of significant uncertainty, driven by a challenging and volatile macroeconomic environment that is impacting consumer confidence in several markets, particularly in our home country."
"With the teams' efforts on cost-cutting, a strengthened balance sheet, a renewed brand-first approach and a refreshed business strategy-details of which I'll share in due course-I am confident we are making the right moves to bring Mulberry back to profitability."
Read at Business Matters
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