Mulberry’s billionaire owner has been charged in Singapore for his role in a scandal involving thousands of pounds’ worth of gifts he gave to a former government minister.
When Mulberry released a handbag named after the model Alexa Chung, it became the must-have accessory for “it” girls and was credited with helping the luxury fashion brand emerge from the global financial crisis.
Mike Ashley's Frasers Group made an 83 million pounds cash offer for Mulberry earlier this week, arguing it could help restore the company to profitability and provide value for shareholders.