Mulberry raises profit view
24/01/2011
UK luxury group Mulberry has raised profit forecasts for a second time in six weeks, joining other upmarket retailers reporting a strong Christmas helped by demand from tourists and Asia.
Mulberry, best known for its leather handbags, said sales at its own stores increased 66% in the six weeks to Jan 15, 2011.
Wholesale orders for spring 2011 were up 104%, with three months of the season still remaining, it said.