Mulberry exceeds expectations
Fashion brand Mulberry’s half year pre-tax profit has more than tripled from £1.5 million to £4.7 million and it says full year figures will beat expectations.
UK revenues rose 27% but US sales more than doubled and France up 189%, albeit from lower bases. During the six months to the end of September, Mulberry opened new stores in Hong Kong, Korea, Qatar and UAE. Since then more stores have followed, including outlets in Sydney and Amsterdam and a new flagship store in London, UK.