Robust sales spur Mulberry on
30/03/2022
“Robust sales” in the first half of the year continued in the second, and as such, the company has increased its marketing investment to “further build global brand awareness”.
Despite this additional expenditure, the profit for FY22 will be moderately ahead of current expectations.
The group's balance sheet remains strong with net cash balances at FY22 expected to be in excess of £20 million.
Read about Mulberry’s new approach to sourcing leather in our Features section.
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