mulberry outlet The fashion world tripped over its platform shoes this week at the news that Mulberry's creative director Emma Hill had abandoned ship.Apparently, the one-woman whirlwind from Surrey had major 'disagreements' with the company's new CEO, mulberry outlet yorkFrenchman Bruno Guillon. Mulberry's share price dipped 8 per cent at the terse announcement.Given that Hill is the transformative designer who turned Mulberry into a fashion player and a magnet for celebrities from Emma Watson to the Duchess of Cambridge, it was rather like watching the leading lady storm off in the first act. Indeed, Mulberry has had more blood on its floor than a Jacobean drama. Only last week Hill picked up a Glamour Award for Best Accessories Designer. Vogue's May issue profiled her as 'one of the most successful names in British fashion,' and called her a 'visionary'. Last summer she became a CBE.
Even Sarah Burton of Alexander McQueen, who designed the royal wedding dress, mulberry factory outlet was only made an MBE. Hill was Mulberry, Mulberry was Hill. Together, they had become a British institution. mulberry bags outlet Who would have thought that they could have ever been parted?But it seems selling lots of handbags in Britain isn't enough any more. Mulberry has had some hits and seen an underlying rise in its rollercoaster share price, but is altogether a much patchier story than that of its home-grown rival Burberry, which has spread its trademark check over the lucrative Chinese market, and everywhere else. Much to the chagrin of Mulberry's elusive Singaporean owner, Christina Ong, who wrestled the company from founder Roger Saul in a nasty boardroom coup ten years ago, it doesn't seem to have the global clout she desired.
Earlier this month Mulberry shrugged off the current economic gloom and worries about a slowdown in the luxury goods market by reporting tripled annual profits of ￡15.6m, with sales up 62%. The Somerset-based group, founded in 1971, mulberry factory shop has benefited from a string of celebrities showing off their ￡700 a pop bags, including Alexa Chung and Kate Moss.But analysts said it had been under-represented abroad, and that is where it is now concentrating its expansion plans. It opened five new stores in the Asia-Pacific region in the first half of this year as well as a store in New York.Commenting on the new chief executive Philip Dorgan at Panmure Gordon said:The appointment of a new chief executive with the right global brand pedigree at this stage of Mulberry's growth cycle makes perfect sense to us.