UK’s Frasers Group, which holds a 37-per cent stake in luxury handbag maker Mulberry, recently offered to take over the latter, saying it was ‘exceptionally concerned’ about the brand’s future.
Frasers Group’s proposed offer values Mulberry at $11.09 million.
Mulberry, whose sales have sharply dropped, last week announced plans to raise nearly $14.71 million to boost its finances.
Frasers Group’s proposed offer values Mulberry at $11.09 million.
Mulberry, whose sales have sharply dropped, last week announced plans to raise nearly $14.71 million to boost its finances.
