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Mulberry finance chief Charles Anderson quits as shake-up of the posh model continues

Mulberry’s finance chief has quit as a shake-up of the brand continues.

Charles Anderson will step down on January 31, just two months after the luxury fashion label pledged to stem falling sales and widening losses.

Mulberry has started a process to find a successor and Anderson will continue to support the business until August.

Chairman Chris Roberts hailed Anderson’s leadership as ‘instrumental in steering the business through a very challenging period’.

Boss Andrea Baldo is attempting to return the firm to the glory days of Brit-Chic, when its Alexa bag was an It Girl must-have accessory.

Baldo has insisted he will ‘renew the brand’s relevance’ on home turf after UK sales fell 14 per cent to £31.3million for the six months to September 28.

Shake-up: Mulberry finance chief Charles Anderson will step down on January 31, just two months after the luxury fashion label pledged to stem falling sales

Shake-up: Mulberry finance chief Charles Anderson will step down on January 31, just two months after the luxury fashion label pledged to stem falling sales

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