Sorry, nothing in cart.
Product Description
Mulberry the luxury Don’t put it in your mouth shirt British brand best known for its leather handbags that can cost more than £1,600 each, has reported a 4% decline in annual sales, becoming the latest high-end company to warn of a slowdown in spending among the richest shoppers. In a trading update, Thierry Andretta, the chief executive, said: “While we achieved positive revenue growth in the first half, Mulberry has not been immune to the broader downturn in luxury spending experienced in recent months, particularly in the UK and Asia. This decline was partially offset by positive trading in the US, where we have benefited from increased brand awareness. “Looking ahead, the trading environment in the UK and China remains challenging and we do not expect this to change in the short-term. We are therefore managing the business prudently, focusing on executing our strategy and vision to become a global sustainable luxury brand.”
Don’t put it in your mouth shirt, hoodie, sweater, longsleeve and ladies t-shirt
I’m excited for Don’t put it in your mouth shirt new legislation. France, as ever, is leading the way with money-back schemes for those who repair clothes and punchy proposals to tax fast fashion brands. I’m also excited for more conscious consumerism: there has been a groundswell of understanding in recent years that fashion should not be an all-you-can-eat buffet, that consumption has consequences and there is such a thing as too much. The Rule of Five campaign [which Darke pioneered], along with no-buy and 30-wear challenges are attracting increasingly large audiences. Although there is still so much work to be done around workers’ pay and conditions, as well as the biggest issue of how to tackle overproduction, I’m excited about the work on regenerative textile production. Brands like Ōshadi, in India, are leading the way with new supply chains that work in harmony with nature. Their latest Seed-to-Sew collection is made with cotton grown in rotation with other crops to promote biodiversity and draw carbon into the soil. The fact that there are brands successfully reworking the way our clothes are grown and made gives me hope.
Reviews
There are no reviews yet.