Mulberry appoints Neil James Ritchie as new FD

Luxury handbag maker Mulberry announced the appointment of Neil James Ritchie as group finance director with effect from 16 May.

Meanwhile, existing group FD, Roger Mather, will step down from the board. However, he will remain available to support a smooth transition until he leaves at the end of June, as previously announced.

Before joining Mulberry, Ritchie spent 14 years with the Malmesbury-based Dyson Group, where he held a variety of commercial and financial roles across UK, Europe, North America and Asia.

Chief executive Thierry Andretta said: "We are delighted to welcome Neil to Mulberry. His experience in developing and managing international business with a leading, innovative British brand will be very valuable during this exciting period for Mulberry."

At 0922 GMT, Mulberry shares were down 1.3% to 974p.