Mulberry hopes to stamp its mark on the alternative market
Monday 15 April 1996
The placing of a quarter of its shares next month is likely to value the company at more than pounds 30m. The funds raised will repay institutional investors. Roger Saul (above) - who founded the company in 1971 and remains head of design - and his family will retain most of the remaining shares. Mr Saul said Mulberry, a significant employer in its Somerset factories, could grow substantially. It has 51 retail outlets, including a flagship store in London's Bond Street, and sells to over 1,000 wholesalers in 32 countries. Photograph: Jane Baker
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