{"id":54167,"date":"2025-07-02T02:25:12","date_gmt":"2025-07-02T02:25:12","guid":{"rendered":"https:\/\/www.aplf.com\/2025\/07\/02\/leathergoods-turnaround-mode-mulberry-seeks-20m-injection\/"},"modified":"2025-07-02T02:25:59","modified_gmt":"2025-07-02T02:25:59","slug":"leathergoods-turnaround-mode-mulberry-seeks-20m-injection","status":"publish","type":"post","link":"https:\/\/www.aplf.com\/zh-hant\/2025\/07\/02\/leathergoods-turnaround-mode-mulberry-seeks-20m-injection\/","title":{"rendered":"Leathergoods &#8211; \u2018Turnaround mode\u2019 Mulberry seeks \u00a320m injection"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"54167\" data-post-id=\"54167\" data-obj-id=\"54167\" class=\"elementor elementor-54167 dce-elementor-post-54167 elementor-54165\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-372d15d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"372d15d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-865f172\" data-id=\"865f172\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-35eab76 elementor-widget elementor-widget-text-editor\" data-id=\"35eab76\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: left;\">2 July 2025<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0eaeb41 elementor-widget elementor-widget-heading\" data-id=\"0eaeb41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Leathergoods - \u2018Turnaround mode\u2019 Mulberry seeks \u00a320m injection<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29379f8 elementor-widget elementor-widget-image\" data-id=\"29379f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"406\" src=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2025\/07\/image-1.jpg\" class=\"attachment-large size-large wp-image-54163\" alt=\"\" srcset=\"https:\/\/www.aplf.com\/wp-content\/uploads\/2025\/07\/image-1.jpg 600w, https:\/\/www.aplf.com\/wp-content\/uploads\/2025\/07\/image-1-500x338.jpg 500w\" sizes=\"(max-width: 600px) 100vw, 600px\" style=\"width:100%;height:67.67%;max-width:600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5088f8a elementor-widget elementor-widget-text-editor\" data-id=\"5088f8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>UK-based leathergoods brand Mulberry has said it expects to report revenues of \u00a3120 million for the 12 months ending March 29, 2025. By <a href=\"https:\/\/leatherbiz.com\/\" target=\"_blank\" rel=\"noopener\">Leatherbiz<\/a>.<\/p><p><br>It provided the figure in an update in June, saying that it remains subject to audit. If confirmed, this result would represent a fall of 21.4% compared to the previous year. <\/p><p><br>As part of the same update, Mulberry said it intended to raise additional capital of \u00a320 million to help fund growth.<\/p><p><br>It said it aimed to reach annual revenues of \u00a3200 million \u201cin the medium term\u201d, with pre-tax profit levels of 15%.<\/p><p><br>Its aim is to raise the new capital through a change in its banking arrangements. Some new funding will also come from an affiliate of Challice Limited, the Singapore-based investment group that is Mulberry\u2019s majority shareholder. It will also embark on fundraising efforts from other sources, including its other major shareholder, Frasers Group.  <\/p><p><br>Last year, retail group Frasers made several attempts to acquire full ownership of Mulberry, but without success.<\/p><p><br>Mulberry has said it would invest the new capital in rebuilding \u201ccore stocks\u201d of its products, investing in new sales opportunities, and some selective marketing in the UK and the US.<\/p><p><br>Chief executive, Andrea Baldo, who joined the company a year ago, said the leathergoods manufacturer was \u201cfirmly in turnaround mode\u201d. But he added: \u201cThe board and I are confident that, with additional funding, we can accelerate momentum and deliver against our targets at pace.\u201d <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-300ca70 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"300ca70\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1c408ea\" data-id=\"1c408ea\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>2 July 2025 Leathergoods &#8211; \u2018Turnaround mode\u2019 Mulb&hellip; <a class=\"more-link\" href=\"https:\/\/www.aplf.com\/zh-hant\/2025\/07\/02\/leathergoods-turnaround-mode-mulberry-seeks-20m-injection\/\">\u95b1\u8b80\u5168\u6587 <span class=\"screen-reader-text\">Leathergoods &#8211; \u2018Turnaround mode\u2019 Mulberry seeks \u00a320m injection<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":54163,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-54167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news-tc","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Leathergoods - \u2018Turnaround mode\u2019 Mulberry seeks \u00a320m injection - APLF Limited<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aplf.com\/zh-hant\/2025\/07\/02\/leathergoods-turnaround-mode-mulberry-seeks-20m-injection\/\" \/>\n<meta property=\"og:locale\" content=\"zh_TW\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leathergoods - \u2018Turnaround mode\u2019 Mulberry seeks \u00a320m injection - APLF Limited\" \/>\n<meta property=\"og:description\" content=\"2 July 2025 Leathergoods &#8211; 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