Mulberry says results will exceed expectations

11/03/2011
Luxury leathergoods brand Mulberry has announced that its sales and profits for the company year that ends on March 31 2011 are “expected to exceed market expectations”.

In a brief business update report on March 11, Mulberry said that strong sales in its domestic UK market, as well as overseas, during January and February have continued into the month of March. It said its margins for the year were strong because increased sales had led to “improved operational gearing”. At the same time, it said order intake for its autumn 2011 collection is “encouraging”.