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Pin to quick picksMulberry Group Regulatory News (MUL)

Share Price Information for Mulberry Group (MUL)

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126.50    0.50 (0.40%)
Bid:
123.00
Ask:
130.00
Spread: 7.00 (5.691%)
Market Cap: £88.75m
MUL Live PriceLast checked at - London Stock Exchange

Intraday Mulberry Group Share Chart

Trading update

19 Jan 2012 07:00

RNS Number : 7958V
Mulberry Group PLC
19 January 2012
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Mulberry Group PLC ("Mulberry")

Trading update

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

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

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

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Period

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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%

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Β·; 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."

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For further details please contact:

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Pelham Bell Pottinger

Dan de Belder / Julia Hanrahan

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0207 861 3232

Altium

Ben Thorne / Katherine Hobbs

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0207 484 4076

Barclays Capital

Jon Bathard-Smith / Nicola Tennent

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0203 134 9803

Mulberry Investor Relations

Amelia Fincher

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0207 605 6771

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This information is provided by RNS
The company news service from the London Stock Exchange
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TSTBKFDDABKDQDD
Date   Source Headline
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