Leathergoods are still the “core focus” for Mulberry
19/06/2017
Its profit before tax for this period was £7.5 million, 21% higher year-on-year.
Mulberry chief executive, Thierry Andretta, said the brand had made “good progress” during the year. He added that new products had been well received by customers, generating “strong creative momentum”.
In a statement reporting the results, Mulberry said “leathergoods remain the core commercial focus of the group”. It revealed it would continue to accelerate new product launches during the coming year, which will include the extension of existing bag “families” into new styles, as well as the introduction of new designs.
The brand added that it wanted to reinforce itself as a lifestyle brand by “strengthening complimentary categories” to its core leathergoods range. It will focus on footwear, ready-to-wear, soft accessories and jewellery as part of this strategy.
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