Mulberry Retail Business Ushered In "Spring"
Mulberry Group PLC (MUL.L) dropped 0.57% to 870 pence in early trading and raised its profit forecast to 4 million 300 thousand pounds.
Britain
extravagant
The Mulberry Group PLC (MUL.L), a leather goods brand, announced on Thursday that due to the revival of retail performance and cost control, it is expected that pre tax profits (excluding special items) before the 2015 fiscal year ending March 31, 2015 will be slightly higher than market expectations.
Barclays PLC (BARC.L) Barclay analyst adjusted Mulberry Group PLC all year round accordingly.
Pre tax profit
The forecast was raised to 4 million 300 thousand pounds from the previous 4 million pounds.
Although retail sales have resumed growth, this has been
Wholesale business
The decline in the Mulberry Group PLC annual revenue decreased by 9.2%, from 163 million in the 2014 fiscal year to 148 million pounds, which is in line with market expectations.
Mulberry Group PLC suddenly appointed last month, the former chief executive of Lanvin long PLC, who joined the group's board of directors in June 2014.
Thierry Andretta has been in operation since April 7th.
In addition, Mulberry new creative director, C line line chief designer Johnny Coca will also be recruited in July 8th.
Mulberry Group PLC will announce its full financial results in June 11th.
Mulberry Group PLC has made every effort to clean up the mess left by former chief executive Bruno Guillon in March 2014 in the past year. Under the leadership of group chairman Godfrey Davis, she returned to the inherent path of Mulberry brand (the price range of products refocused at 500-1000 pounds). Since 2015, the retail performance of new products in November and 2015 has been improved, and the annual retail revenue has been increased by 1%.
According to the no fashion Chinese network data, the group's retail revenue and same store sales fell by 9% and 13% respectively in the first half of fiscal year ended September 30, 2014.
According to the data released today, retail sales and same store sales increased by 9% and 7% respectively in the second half of the year, and sales in the UK and the international market increased by 3% and 4% respectively.
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