Mulberry plans to axe a quarter of its workforce across the globe as the coronavirus pandemic takes its toll on the business.
The luxury fashion and accessories brand, best known for its leather handbags, currently employs 1,400 staff – 1,140 of whom work in the UK.
Mulberry said the move was necessary in order to manage its cost base and ensure the company was “the correct size and structure” for a post-coronavirus future.
The business has launched a consultation period over its proposals, which will last 45 days.
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