Mulberry sales jump

Mulberry has reported strong results and has returned to pre-pandemic levels.

The group said that first-half revenue soared 34% thanks to strong UK sales and growth in Asia.

Profits at Mulberry were £10.4m, which is compared to the £2.4m loss posted a year earlier. Sales in the UK jumped 36% to £38.0m, which was a £10m increase compared to the year previous.

“I am proud of Mulberry’s performance during the period. Our long-term strategy, namely our innovative and sustainable products made in our carbon neutral Somerset factories, our market-leading omni-channel distribution model, and our expansion into Asia Pacific, has delivered a strong financial performance,” said Thierry Andretta, CEO.

- Advertisement -

“Product innovation and sustainability are central to our strategy, demonstrated by the recent launch of our “The Lowest Carbon collection”, further supporting the commitments we made in our Made to Last manifesto and our goal to reach zero carbon emissions by 2035.

“The bold decisions we have taken with regards to focussing on our UK production capabilities, means that we are well placed for the festive trading period and beyond. Finally, I would like to take this opportunity to thank my colleagues for their hard work, commitment and achievement over the period.”

Latest News

More Articles Like This

Tagdiv Cloud library - template content.