Mulberry’s focus on bags drives return to profitability
11/12/2015
Luxury goods brand Mulberry has returned to profitability, reporting £100,000 pre-tax profit for the six months to the end of September, compared with a loss of £1.1 million in the prior-year period. Revenue was up 5% to £67.8 million, with retail sales up 10%. However, wholesale sales declined by 11% to £17.4 million, reflecting conservative...
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