Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

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)

 

‹ Previous2017-06-22Next ›