Luxury Goods
Mulberry to ‘rebuild’ business after losses widen and sales plunge 19%
The brand said it has been reviewing its internal team structure to see how it can become a ‘leaner, more agile organisation’
Mulberry has seen its losses widen to £15.3m in its half-year results, up from a previous loss of £13.5m, as sales plummeted amid a period of “significant uncertainty” for the business. In the half-year ended 28 September 2024, revenues fell by 19% to £6.1m, with UK sales down by 14% to £31.1m, and international sales down by 7% to £19.5m.
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