Mulberry sees shares slide as its half-year loss widens
19th Nov 2024 12:29
(Alliance News) - Mulberry Group PLC on Tuesday reported declining interim revenue as the firm acknowledged the persistence of trading challenges. Read More
(Alliance News) - Mulberry Group PLC on Tuesday reported declining interim revenue as the firm acknowledged the persistence of trading challenges. Read More
(Alliance News) - boohoo Group PLC on Friday hit back at significant shareholder Frasers Group PLC, defending its debt refinancing and explaining the online retailer's "commercial position" is a factor to consider when naming a chief executive. Read More
(Alliance News) - boohoo Group PLC on Thursday said it is in the process of reviewing the "content and validity" of a request by its largest shareholder Frasers Group PLC for a general meeting. Read More
(Alliance News) - The FTSE 100 extended its losing streak to four days on Wednesday, despite some well-received earnings, as pre-budget nerves and uncertainty over the US election took hold. Read More
(Alliance News) - Frasers Group PLC on Wednesday said it does not intend to make a takeover offer for Mulberry Group PLC, a day after the latter called a sweetened bid "untenable". Read More
(Alliance News) - Mulberry Group PLC on Tuesday rejected the latest attempt by Frasers Group PLC to buy the firm, calling it "untenable". Read More
(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, after mixed trade on Wall Street and an underwhelming day in Asia. Read More
(Alliance News) - London's FTSE 100 closed higher on Monday, although bookmakers suffered, as the UK prime minister played down rumours of a capital gains tax hike and urged investors to back his plans for growth. Read More
(Alliance News) - Stock prices in London were lower at midday on Monday, as investors wait for a number of inflationary prints later in the week. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Mulberry Group PLC on Monday said it will "consider the company's position", following the announcement on Friday by Frasers Group PLC of an improved offer to acquire the luxury leather goods maker, though Mulberry's majority owner already rejected the fresh tilt by Frasers. Read More
(Alliance News) - Stock prices in London opened just about higher on Monday morning, inching up despite disappointing data from China, and reports of new restrictions on the UK gambling sector. Read More
(Alliance News) - Stocks were called to open lower in London on Monday, after data from China showed that demand remains fragile in the world's number two economy. Read More
(Alliance News) - Frasers Group PLC on Friday announced an improved offer to acquire luxury leather goods firm Mulberry Group PLC, of which it owns 37%, following Mulberry's rejection of a previous approach last week, but Mulberry's majority shareholder rejected the new bid as well. Read More
(Alliance News) - Frasers Group PLC announced on Friday an improved offer to acquire Mulberry Group PLC, of which is owns 37%, following Mulberry's rejection of a previous approach last week. Read More
Mulberry Group PLC - Bath, England based luxury leather goods - Raises GBP10.4 million in total from share subscriptions by its two major shareholders and a retail share offer, an exercise that drew the ire of one of the two shareholders. Majority owner Challice Ltd, with a 56% stake, and Frasers Group PLC, now with just over a 37% holding, both took part in the equity raise, despite Frasers complaining it wasn't given sufficient notice. The Sports Direct-owner last week offered to acquire Mulberry instead at 130 pence per share, higher than the 100p equity raise price, but this was rejected by Mulberry. Read More
Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - confirms successfully subscription for 4.0 million shares of handbags and other leather goods maker Mulberry Group PLC, at 100 pence each, according to the clawback provisions of the subscription announced by Mulberry on September 27. Participation in subscription brings Fraser's holdings in Mulberry to 26.1 million shares, or 36.9% of shares outstanding. Percentage is relative to the open retail offer for up to 750,000 Mulberry shares. As Challice Ltd holds 56% of Mulberry share capital, Frasers has been granted a dispensation by the Takeover Panel. Fraser's participation does not require it to make a mandatory cash offer to other Mulberry shareholders under FCA takeover code. Read More
(Alliance News) - Stock prices in London opened mixed on Friday, despite geopolitical tensions remaining high with conflict in the Middle East showing no signs of de-escalation, and ahead of US nonfarm payrolls. Read More
(Alliance News) - London stocks are expected in the red on Friday, as tensions remain high across the Middle East with oil prices surging, and traders wait nervously for key US nonfarm payrolls data due this afternoon. Read More