Trading update

RNS Number : 7958V

Mulberry Group PLC

19 January 2012

 



Mulberry Group PLC ("Mulberry")

Trading update

Mulberry Group plc, the English luxury fashion brand, is today updating the market on trading for the 16 weeks ended 14 January 2012.

·     Strong performance over the six week Christmas trading period with growth in both the retail and wholesale businesses

·     Retail sales for the six weeks to 14 January 2012 up 41% compared to the same period last year, like-for-like up 35%

	Period
	10 weeks to 3 December 2011	6 weeks to 14 January 2012	16 weeks to 14 January 2012
Retail sales compared to prior year period	Up 18%	Up 41%	Up 30%
Like-for-like retail sales compared to prior year period	Up 14%	Up 35%	Up 25%

·     Wholesale orders for Spring/Summer 2012 are currently up 35% compared to the Spring/Summer 2011 end of season total with more than two months of the selling season remaining

Godfrey Davis, Chairman and Chief Executive commented:

"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."

For further details please contact:

Pelham Bell Pottinger Dan de Belder / Julia Hanrahan	0207 861 3232
Altium Ben Thorne / Katherine Hobbs	0207 484 4076
Barclays Capital Jon Bathard-Smith / Nicola Tennent	0203 134 9803
Mulberry Investor Relations Amelia Fincher	0207 605 6771

 

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