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Mulberry’s got momentum

Luxury bag maker returning to form under new duo

This is the annual increase in pre-tax profit reported (14 Jun) by English luxury brand Mulberry (MUL:AIM), demonstrating its turnaround under CEO Thierry Andretta is on track.

The fashion bags-to-footwear retailer generated its £7.5m haul on sales up 8% to £168.1m in the year to March 2017. New products launched under the direction of creative whirlwind Johnny Coca are chiming with well-heeled shoppers, although we concede Mulberry’s current trading statement was rather mellow. (JC)

 

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22 Jun 2017

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