Mulberry Group PLC
12 May 2005
MULBERRY GROUP PLC
12 MAY 2005
MULBERRY GROUP PLC ('Mulberry' or the 'Group')
TRADING UPDATE 12 MAY 2005
Demand for the company's products continues to grow strongly.
The Spring 2005 third party Accessories wholesale order book has continued to
increase and is now 64% ahead of the previous year compared to 55% reported on 7
April 2005. Additionally, the Accessories third party order book for the Autumn
2005 season is approximately 80% ahead of the order book at the same point in
the prior year. It is estimated that approximately three quarters of the orders
for the Autumn 2005 season have been taken at this date. Third party wholesale
sales account for approximately half of the Group's turnover.
Mulberry's own stores continue to trade strongly. Like for like sales in the
full price UK shops for the first 5 weeks of the new financial year continue to
be up by approximately 50%, continuing the pattern in the previous quarter.
The results for the year ended 31 March 2005 will significantly exceed current
market expectations.
ENQUIRIES:
For further information, please contact:
WMC Communications
Alex Glover - 020 7591 3999
This information is provided by RNS
The company news service from the London Stock Exchange
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