The shares were down 70% from their May 2012 peak but a u-turn on its ill-fated focus on ultra-expensive handbags has steadied the company.
Today shares rose more than 7% to 804p. Coca is said to be a fan of London’s design scene and teaches at Central St Martins in the capital.
Mulberry will next week reveal its half year results and investors now await the appointment of a new chief executive. Currently former chief executive Godfrey Davis runs the business as executive chairman.
