19 Jan 2012 07:00
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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%
Β | Period | ||
Β | 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 Β | 0207 861 3232 |
Altium Ben Thorne / Katherine Hobbs Β | 0207 484 4076 |
Barclays Capital Jon Bathard-Smith / Nicola Tennent Β | 0203 134 9803 |
Mulberry Investor Relations Amelia Fincher Β | 0207 605 6771 |
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