Luxury brand Mulberry boosted by ‘strong’ sales performance

Shares in Mulberry (LON:MUL) rallied after the British luxury brand delivered a ‘strong trading performance’ for H1 despite a ‘challenging’ market backdrop. The positive update confirmed CEO Andrea Baldo’s turnaround strategy is working, showing like-for-like sales growth across all geographic regions. Encouragingly, Mulberry generated strong full-price sales as the high-end handbag maker resisted the urge … Continue reading Luxury brand Mulberry boosted by ‘strong’ sales performance