Mulberry

Mulberry, the British luxury brand known for its exquisite leather handbags, faced a 4% decline in annual sales, reflecting broader trends of lower spending among affluent consumers.Despite growth in international markets, particularly…

Mulberry has blamed a slowdown in demand for luxury spending and a lack of VAT free shopping for a nine per cent decline in sales over the golden quarter. The designer, best known for its handbags, said UK retail sales took and four…