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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: 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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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 [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] 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: 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, [https://www.kynghidongduong.vn/tours/tour-du-lich-ha-noi-bac-kan-ho-ba-be-cao-bang-hang-pac-bo-thac-ban-gioc.html tour thác bản giốc từ hà nội] 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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padding-bottom:0px<br>#fiveDealsWidget a.dealItem, #fiveDealsWidget a.dealItem#last  width:100%<br><br>#fiveDealsWidget .dealItemContent, #fiveDealsWidget .dealItemImage float:left; display:inline-block<br>#[http://photobucket.com/images/fiveDealsWidget fiveDealsWidget] .dealItemImage width:35%; margin-right:1%<br>#[http://data.gov.uk/data/search?q=fiveDealsWidget fiveDealsWidget] .dealItemContent width:63%<br>#fiveDealsWidget .dealItemTitle margin: 0px 5px 5px; font-size:16px<br>#fiveDealsWidget .dealItemContent .dealItemdesc, #fiveDealsWidget .dealItemContent .dealItemRate clear:both<br><br>TOP DIY INVESTING PLATFORMS    [  Low cost portfolios Low cost portfolios Cheap funds fee £1.50 fund dealing]  [  Investment ideas Free fund dealing First deal free Annual 0.45 per cent account charge]  [  Free investing No fees Free investing Regular investing with no fees]  [  Flat fees Great service Fixed monthly cost Dealing from £7.50]  [  Model portfolios Model portfolios Free fund dealing Tools and fund ideas]    [ > Compare the best investing platform for you]

Version vom 21. Juli 2020, 12:17 Uhr

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. 
The firm, whose bags are a favourite of Louise Redknapp, Emma Stone and kynghidongduong.vn 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. 
This came despite the fact that its new bag 'exceeded expectations', the group said. 
Struggle: The company was founded in 2008 by Julie Deane (above right) and is a favourite of Louise Redknapp 
The company was founded in 2008 by Julie Deane and her mother Freda Thomas at Deane's kitchen table. 
The firm expects to take a hit from lower demand during the pandemic, tour thác bản giốc từ hà nội which will mean it won't break even until 2021. 
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. 
A Hong Kong-based private equity investor, Cassia, bought into the company in December to fuel an expansion of the business. 


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