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Pin to quick picksMulberry Group Regulatory News (MUL)

Share Price Information for Mulberry Group (MUL)

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Share Price: 120.00
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Change: 0.00 (0.00%)
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Trading update

19 Jan 2012 07:00

RNS Number : 7958V
Mulberry Group PLC
19 January 2012
 



Mulberry Group PLC ("Mulberry")

Trading update

 

Mulberry Group plc, the English luxury fashion brand, is today updating the market on trading for the 16 weeks ended 14 January 2012.

·; Strong performance over the six week Christmas trading period with growth in both the retail and wholesale businesses

·; Retail sales for the six weeks to 14 January 2012 up 41% compared to the same period last year, like-for-like up 35%

 

Period

 

10 weeks to 3 December 2011

6 weeks to 14 January 2012

16 weeks to 14 January 2012

Retail sales compared to prior year period

Up 18%

Up 41%

Up 30%

Like-for-like retail sales compared to prior year period

Up 14%

Up 35%

Up 25%

 

·; Wholesale orders for Spring/Summer 2012 are currently up 35% compared to the Spring/Summer 2011 end of season total with more than two months of the selling season remaining

Godfrey Davis, Chairman and Chief Executive commented:

"I am delighted that trading during Christmas and the New Year has been strong and consequently the results for the year to 31 March 2012 are likely to exceed our earlier expectations."

 

For further details please contact:

 

 

Pelham Bell Pottinger

Dan de Belder / Julia Hanrahan

 

0207 861 3232

Altium

Ben Thorne / Katherine Hobbs

 

0207 484 4076

Barclays Capital

Jon Bathard-Smith / Nicola Tennent

 

0203 134 9803

Mulberry Investor Relations

Amelia Fincher

 

0207 605 6771

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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