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Mulberry may have new chief executive by July

Mulberry is aiming to have a new chief executive in place by July when its new creative director is due to start, sources have told Reuters.

The luxury handbag brand’s chief executive Bruno Guillon stepped down from his role almost two years ago, months after Mulberry issued a profit warning following a fall in UK retail revenues over the Christmas period.

The group has since been led by Mulberry chairman Godfrey Davis, who has been working to reposition the brand among its core customers.

Head designer for leather goods and accessories at Céline Johnny Coca is set to join as creative director on July 8, with responsibility for all of Mulberry’s collections. He succeeds Emma Hill, who was credited with turning the firm into a globally recognised brand. She departed in June last year after six years with the company.

A source close to Mulberry told Reuters an announcement could be made soon.

Drapers has contacted Mulberry for comment.

@Tara_Hounslea

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