Mulberry could treble sales by 2016
29/03/2012
Multinational investment firm Goldman Sachs has said that due to international expansion, UK-based leathergoods brand Mulberry could treble sales by 2016, implying compound annual sales growth of 37%.
Goldman Sachs drew a parallel with Bottega Veneta, which it said delivered 50% revenue growth between 2003 and 2007.