Bearbeiten von „Turnover Plunges At Cambridge Satchel Company“

Turnover plunged by a fifth at the Cambridge Satchel Company despite the bag brand launching a new design and running an advert in fashion bible Vogue. <br>The firm, whose bags are a favourite of Louise Redknapp, Emma Stone and Alex Chung, made a loss of £1.4m in the year to June 2019 - down from £1.5m in 2018 - as sales fell everywhere, including by £800,000 in the UK. <br>This came despite the fact that its new bag 'exceeded expectations', the group said. <br>        Struggle: [https://www.kynghidongduong.vn/tours/tour-du-lich-ha-noi-bac-kan-ho-ba-be-cao-bang-hang-pac-bo-thac-ban-gioc.html kynghidongduong.vn] The company was founded in 2008 by Julie Deane (above right) and is a favourite of Louise Redknapp <br>The company was founded in 2008 by Julie Deane and her mother Freda Thomas at Deane's kitchen table. <br>The firm expects to take a hit from lower demand during the pandemic, which will mean it won't break even until 2021. <br>  RELATED ARTICLES  [# Previous] [# 1] [# Next]    [/money/news/article-7119623/Cambridge-Satchel-fails-bag-profit-aggressive-expansion-overseas.html  Cambridge Satchel fails again to bag a profit after...] [/money/smallbusiness/article-2533845/Julie-Deanes-The-Cambridge-Satchel-Company-sells-120-countries-300-imitators.html  'I was told NO ONE wants satchels - thank heavens I took no...] [/money/markets/article-8146911/Handbag-maker-Mulberry-expects-make-small-loss.html  High-end handbag maker Mulberry warns it's on for a loss due...] [/money/markets/article-7610925/Soaring-Chinese-demand-handbags-help-Hermes-weather-Hong-Kong-strife.html  Soaring demand for its posh handbags in China help Hermes...]    Share this article Share  But it added that it's seeing more activity online than normal. <br>A Hong Kong-based private equity investor, Cassia, bought into the company in December to fuel an expansion of the business. <br> <br><br>#fiveDealsWidget .dealItemTitle#mobile display:none<br>#fiveDealsWidget display:block; 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