Trading Statement
April 07 2005 - 3:00AM
UK Regulatory
RNS Number:7278K
Mulberry Group PLC
07 April 2005
MULBERRY GROUP PLC ("Mulberry" or the "Group")
7 APRIL 2005
TRADING UPDATE
Sales of accessories, driven by demand for hand bags, have increased strongly
and the results for the full year to 31 March 2005 are likely to exceed current
market expectations.
The Spring 2005 order book for accessories exceeds the total prior year Spring
order book by more than 55% with 8 weeks of the season remaining.
Sales in Mulberry's own stores continue to grow strongly. Like for like sales in
the full price UK shops for the first 11 weeks of the Spring 2005 season to 2
April are up by 50%, considerably exceeding the 15% growth achieved in the
period up to Christmas.
Sales in the off price retail outlets remain satisfactory.
GODFREY DAVIS, CHAIRMAN AND CHIEF EXECUTIVE COMMENTED: "Accelerating sales have
outstripped expectations. The outlook is very positive, with strong demand for
Mulberry hand bags from all markets."
ENQUIRIES:
For further information, please contact:
WMC Communications
David Wynne-Morgan / Charlie Geller - 020 7591 3999
This information is provided by RNS
The company news service from the London Stock Exchange
END
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