The British leather goods specialist Mulberry Group Plc was able to meet its own expectations in the 2022/23 financial year. This emerges from an interim report that the company published on Thursday. However, Mulberry does not intend to present concrete figures for the financial year that ended on April 1st until June 22nd.
Sales increased slightly year-on-year and were in line with management’s forecasts, Mulberry said. Sales development in the company’s own retail business improved accordingly in the second half of the year thanks to “good results” in Great Britain and more favorable general conditions in China.
“Over the past year, we have continued to deliver on our strategic goals while demonstrating resilience in a challenging macro environment,” CEO Thierry Andretta said in a statement. “We have invested in our omnichannel approach, improved our direct customer model and kept the gross margin stable.”