UK's Mulberry raises $27 million from top investors as revenue drops
10/07/2025 13:17
July 10 (Reuters) - Britain's Mulberry MUL.L, which reported a 21% drop in annual revenue on Thursday, said it had raised 20 million pounds ($27.14 million) in capital with the support of its two biggest shareholders, Challice and Frasers FRAS.L. Mulberry, whose shares fell 5%, also announced that it had appointed Frasers executive James France to its board. ($1 = 0.7370 pounds) (Reporting by Unnamalai L in Bengaluru; Editing by Anil D'Silva) ((Unnamalai.L@thomsonreuters.com;))
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