LONDON, June 8 (Reuters) - British luxury brand Mulberry
plans to cut its global workforce by about 25% as it
seeks to reduce its cost base with demand hit by the coronavirus
pandemic.
Mulberry said that given the uncertainty as to the impact
and duration of COVID-19 on its business and the wider economy,
and the consequential effect on demand, it expected the recovery
in sales levels over the medium term to be gradual.
(Reporting by James Davey; editing by Sarah Young)