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Mulberry cuts jobs in Somerset in ‘rebuild’ after sales plunge

Source: BBC

PAThe fashion brand said it is completing an internal review, with the aim of creating a "leaner" operationThe boss of luxury retail company Mulberry says he needs to "rebuild the business", after sales dropped by almost a fifth in the past six months.The Somerset-based designer company told shareholders group revenues fell by 19% to £56.1m in the six months prior to 28 September.It added sales were challenging…

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