Mulberry sales fall amid slowdown in luxury spending

17th Jan 2024 09:46

(Sharecast News) - Handbag maker Mulberry reported a drop in revenue on Wednesday, pinning the blame on a slowdown in luxury consumer spending, a challenging macroeconomic backdrop and a lack of VAT-free shopping.

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Mulberry losses widen amid investments

30th Nov 2023 08:13

(Sharecast News) - Luxury handbag maker Mulberry reported a widening of its half-year losses on Thursday as it pointed to additional investments and costs to support business growth.

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Mulberry FY trading in line with expectations

20th Apr 2023 09:05

(Sharecast News) - Luxury handbag maker Mulberry said on Thursday that full-year trading was line with the board's expectations.

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Mulberry swings to a half-year loss

30th Nov 2022 07:53

(Sharecast News) - Luxury handbag maker Mulberry said on Wednesday that it swung to a half-year loss as UK retail sales took a hit.

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Mulberry chairman Godfrey Davis to step down

23rd Aug 2022 07:36

(Sharecast News) - Luxury handbag maker Mulberry said on Tuesday that non-executive chairman Godfrey Davis plans to step down on 30 September.

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Mulberry FY profits, revenue rise as it recovers from pandemic

29th Jun 2022 11:50

(Sharecast News) - Luxury handbag maker Mulberry reported a jump in full-year profit and revenue on Wednesday, with a strong performance in the UK and China, as it hailed a "strong" recovery from the pandemic.

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Mulberry FY profit, revenue to beat expectations

29th Mar 2022 08:15

(Sharecast News) - Luxury handbag maker Mulberry said on Tuesday that full-year profit and revenue were set to be "moderately ahead" of expectations following continued solid trading in the second half.

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Mulberry swings to profit as revenues return to pre-Covid levels

24th Nov 2021 07:46

(Sharecast News) - Luxury handbag maker Mulberry said on Wednesday that it swung to an interim profit as revenues returned to pre-pandemic levels.

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Mulberry swings to FY profit despite store closures

21st Jul 2021 10:10

(Sharecast News) - Luxury handbag maker Mulberry said on Wednesday that it swung to a profit in 2021 despite revenues being hit by Covid closures, as digital sales rose.

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Mulberry to close Paris store, will return once tourism picks up

6th Jul 2021 10:04

(Sharecast News) - Luxury handbag maker Mulberry said on Tuesday that it was ending the lease on its Paris store early and will open a new store in the French capital once tourism picks up again.

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Mulberry expects 'small' FY underlying pre-tax profit following 'strong' growth in Asian markets

28th Apr 2021 10:21

(Sharecast News) - British luxury brand Mulberry Group said on Wednesday that it now expects to outperform expectations and report a "small underlying profit" before tax for the trading year ended 27 March.

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Sunday share tips: Mulberry, Codemasters

27th Dec 2020 19:19

(Sharecast News) - The Sunday Times's Sam Chambers recommended readers "avoid" shares of Mulberry, arguing that Mike Ashley was unlikely to try and buy out the luxury retailer's main shareholders and the lack of liquidity in the stock limiting the upside in its share price.

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Mulberry slumps as Frasers says it has no intention to make a bid

17th Dec 2020 15:52

(Sharecast News) - Mulberry shares tumbled on Thursday afternoon after Mike Ashley's Frasers Group said it does not intend to make an offer for the luxury handbag maker.

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Mulberry half-year sales dented by Covid

26th Nov 2020 07:58

(Sharecast News) - Luxury handbag maker Mulberry reported a slump in first-half revenues on Thursday as store closures and the impact of the Covid-19 pandemic took their toll, although online sales were a bright spot.

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Frasers Group ups stake in Mulberry to 37%, mulls bid

19th Nov 2020 09:38

(Sharecast News) - Mike Ashley's Frasers Group has upped its holding in luxury brand Mulberry to 37% and is considering a possible takeover, it confirmed on Thursday.

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