Mulberry Group – The two billionaires are now going to have to play a ‘waiting game’ as the new CEO tries to sort out the loss-making bag maker 

At the start of last month, it looked as though there was going to be a handbag-swinging duel between the two largest shareholders in the Mulberry Group (LON:MUL). 

The Somerset-based company is the UK’s largest manufacturer of luxury leather goods. 

There was a period, years ago, when the bags were totally ‘chic’ and could fetch well into four figures as the cognoscenti needed to be seen out ‘flashing’ their wares. 

But times change and so do fashion trends. 

Tightness of luxury spending in the last couple of years has not proved beneficial to the company, plu...

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