By Natalie Mortimer

Bruno Guillon, the CEO of English luxury brand Mulberry, has stepped down from his role less than two months after the retailer issued a profit warning.

In a brief statement the maker of luxury handbags said Guillon would resign as CEO with immediate effect after just two years in the role.

Guillon joined Mulberry from Hermès in France and implemented a plan to re-emphasise the brand’s luxury positioning. This came via a hike in retail prices – a move that is yet to pay off and resulted in three profit warnings and a slump in share prices.

Godfrey Davis, who is Read full story ›

Source: The Drum