Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Mulberry Christmas like-for-likes surge 70%

Luxury brand and retailer Mulberry will beat profit expectations after a storming Christmas.

The retailer, famous for its handbags, reported that like-for-likes at its full price stores rocketed 70% in the six weeks to January 15. At its off price stores, the like-for-like advance was 34%.

Sales at Mulberry’s company-owned stores rose 66% altogether, while wholesale orders for spring 2011 are already up 104% with three months of the season remaining.

Mulberry reported: “Margins for the year to date continue to be strong as a result of improved operational gearing from increased volumes and due to a larger proportion of merchandise being sold at full retail price compared to the previous year.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.