Fashion

Mulberry losses widen as ‘challenging’ UK market hits sales

By 2019-11-13T07:32:00

Mulberry

Mulberry has posted widening losses at the interim mark as it seeks to increase focus on its international portfolio to offset sluggish UK sales.

The luxury retailer reported a loss before tax and IFRS 16 of £9.9m in the 26 weeks to September 28, compared with a loss of £8.8m the previous year.

Revenue edged up 0.8% year on year to £68.9m as international sales climbed 12% while UK sales slid 4%.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • 3 free articles a month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.