LONDON — Mulberry Group is in growth mode — and paying the price of expansion.
On Thursday, Mulberry reported a fall in first-half profits to 5.1 million pounds, or $8 million, from 7.3 million pounds, or $11.4 million, due to the costs of international expansion and the timing of the brand’s seasonal deliveries to its retail outlets.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)