Mulberry shares plunge following loss of creative director Emma Hill

  • Shares in luxury goods maker Mulberry dropped 8.2 percent in trade on Monday following the announcement that its creative director of six years Emma Hill was stepping down.

    Hill is widely credited for transforming the firm into a global brand.

    Mulberry said the exact date of Hill's departure had not yet been finalized.

    She is currently working on Mulberry’s London Fashion Week collection.

    The firm is set to report its annual profits on Thursday, which analysts expect will reveal a drop in earnings.

    Over the past year, Mulberry has issued two profit warnings.

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