The new boss of Somerset-based fashion house Mulberry has said he is working to “renew the brand’s relevance”, including selling most of its iconic luxury bags for just under £1,100. Andrea Baldo, who took over as CEO in July, spoke as Mulberry’s revealed widening losses on declining sales. The firm, which has manufacturing sites at...
A £50m fund to help the growth of small and medium-sized firms across the South West has been launched by investment group Foresight – with two offices in the region due to open to support it. FTSE 250 listed Foresight already manages a number of regionally focused private equity and venture capital funds dedicated...
US police forces preparing for the 2026 World Cup and the 2028 Olympics are giving a boost to defence manufacturer Avon Technologies, with inquiries for its ballistic helmets and respiratory protection. The Melksham-based group, which changed its name from Avon Protection this summer, said the current geopolitical situation continued to support demand for its...
Bath-headquartered specialist manufacturer Rotork has said it is actively looking for “suitable acquisition opportunities” as it continues to target growth areas in its markets, control costs and invest in innovation. A trading update for the four months to 27 October, the group, which designs and makes high-quality flow control equipment for the global oil,...
An asset management business based in Bath and London with nearly £3bn of assets under management has been acquired by a specialist wealth and asset management company. Alpha Beta Partners, which was established in 2017 by a team of experienced industry professionals, described the takeover by Tavistock Investments as leading to a new phase...
Bath-based healthtech firm Mayden is celebrating multiple regional and national award wins ahead of its 25th anniversary next year. The firm, which creates software systems that provide data driven insights and genuinely improve how services work, has won awards or been shortlisted as a finalist for outstanding contributions in the fields of innovation in...
