Catherine Neilan is news editor of Drapers, having joined the magazine from Broadcast, where she was deputy news editor. She has also worked as a reporter at The Bookseller and Investment Adviser and has freelanced for The Guardian and the Financial Times, among others. In her spare time she is a trustee of homeless magazine The Pavement and is a regular contributor/producer for fortnightly radio show The Naked Book. Catherine’s role at Drapers sees her oversee the team’s newsdesk, including comment, analysis and all the exclusives across the fashion industry. She can be found tweeting at @CatNeilan
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Mulberry entry-level handbags will have retail prices lowered by around £100 from June onwards, as the interim executive chairman looks to return the business to growth.
Burberry’s last financial year under chief executive Angela Ahrendts has seen more growth, underpinned by double-digit sales increases in Asia-Pacific reported for its second half last week.
Mulberry will introduce lower price points after issuing another profit warning this morning - and said profits could be dampened in the medium term “while brand momentum rebuilds”.
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