Mulberry will not hold a catwalk show in February.

Mulberry, the luxury fashion retailer behind the Alexa and Del Rey designer bags, has bowed out of AW14 London Fashion Week.

The British brand, which recently saw profits plummet for the first time in four years, has cancelled its catwalk show in February as it continues the hunt for a new creative director.

Emma Hill left the label in September, six years after taking the helm. Her resignation was reportedly due to creative disagreements with the management.

Although designers including Erdem Moralioglu, Roland Mouret, Mary Katrantzou and Sophie Hulme are tipped as possible successors, a replacement has yet to be announced.

The company explained that it would not be launching a new covetable 'It' bag at fashion week.

A spokesperson told WWD that Mulberry "has not finalised its creative director search and will therefore exceptionally not stage a catwalk show this February."

Mulberry's LFW show is always one of the week's highlights. Although fans may not see any cute dogs gracing the catwalk, the brand is likely to offer something equally spectacular in place of its usual format.