Mulberry sales slow as demand for luxury wanes

Mulberry bag

Luxury fashion and accessories retailer Mulberry has posted a decline in sales during the full financial year as declining consumer spend on luxury goods took its toll.

Mulberry posted a 4% decline in group revenue for the full year to March 30, 2024, which it attributed to “challenging macro-economic conditions” as well as a decline in consumer spending in the luxury sector.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now