Luxury goods retailer Mulberry delivered a strong Christmas, with like-for-likes rocketing 35% in the six weeks to January 14.
Retail sales soared 41% over the same period.
In the 16 weeks to January 14, like-for-likes were up 25% and retail sales climbed 30%.
Mulberry chief executive and chairman Godfrey Davis said: “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.”
Panmure analyst Philip Dorgan said: “This is yet another extraordinarily strong update from Mulberry. It is one of our Top Picks in 2012, because we
feel that it can deliver significant, sustained top line growth that will have a leveraged impact upon profitability.
“It has barely scratched the surface of its global potential, with only a handful of stores in many key luxury goods markets.”