Looks promising to me7 Jun 2011 21:17
I think it was back in March that they announced that sales were expected to exceed expectations and growth for the second part of the year were looking promising. They were also tipped to go to £20 a share not long ago. Think they took a bit of a dip recently which I read may be due to people overreacting to the media saying retail growth in China was slowing down. Personally, I'd say Mulberry is a good buying opportunity, especially at this price. The sales report is due to be positive which should bring the shares back up. The potential for long term growth should also be big due to their expansion and growing popularity in Asia.