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Mulberry Executive Summary

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Mulberry will be introducing a more affordable range of products and focus on improving the productivity of existing stores.
This change in strategy may finally begin to see a turnaround in Mulberry’s fortunes. Investment into the supply chain to build a more scalable business and new factory in place which will be expanded the UK production capacity by 50% should fit with a lower price, higher volume business. This will recommend Mulberry for a hold for now.
The British luxury goods will cut prices of new products and focus on cheaper bags that made Mulberry a household name, in a move that will knock pre-tax profits by 25% to £14m.
British handbag maker Mulberry said its switch to more affordable prices had sent sales up strongly at the start of its new fiscal year after its ill-fated move upmarket resulted in a 74 percent collapse in full-year profit.
Mulberry will be …show more content…

Mulberry has spent the past year sprucing up its ranges and reconnecting with its lower priced roots after a move to a more exclusive luxury position backfired, prompting a string of profit warnings and the exit of Chief Executive Bruno Guillon.
First of all, I would be focusing on the management of the under-performers
Moving production cost to low-cost countries by maintaining competitive production costs as it is a prerequisite for survival in our markets. I will be working on improving profitability either by divesting specific units or by changing the company’s brand. Relocate production from high-cost to low-cost countries.

More efficient product and logistics by having to put a good deal of time and effort into making the production and logistics more efficient by reducing the number of production platforms, increasing productivity, reducing inventory levels and increasing delivery

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