Mulberry Group plc news and archive

Mulberry sales decline 4 percent in FY24

In a year end trading statement, Mulberry Group said, against a backdrop of challenging macroeconomic conditions and a decline in luxury consumer spending, group revenue declined 4 percent or 2.7 percent on CER versus the prior year. Commenting on the update, Thierry Andretta, Mulberry’s chief executive officer, said: "While we achieved positive...

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Decline in luxury spending impacts Mulberry's Q3

Mulberry Group revenue for the 13 weeks to December 30, 2023 was down 8.4 percent or down 6.6 percent on CER versus the prior year period. The company said in a statement that the performance was impacted by the challenging macroeconomic backdrop and decline in luxury consumer spending. In the run up to Christmas, the group maintained its full...

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Mulberry launches separate Asian company

British luxury label Mulberry has announced its new Asian-focused company Mulberry Asia is set to begin trading in Hong Kong from April 3. The new company comes following a business agreement with Challice Limited and will see Mulberry Asia operate the group’s operations in Hong Kong, China and Taiwan. Mulberry Group plc will own 60 percent of...