Mulberry posts FY26 sales rise as second-half trading strengthens

Mulberry Group has reported a 5.7% summation successful full income astatine changeless currency for the twelvemonth ended 28 March 2026, with trading improving notably successful the 2nd fractional (H2).

The British manner marque said income astatine changeless currency climbed 13.6% successful H2, pursuing a softer H1 performance.

On a reported basis, radical income accrued 5% year-on-year. H2 income were up 12.8%, compared with a 3.9% diminution successful H1.

By channel, integer income for the afloat twelvemonth edged up 1.1% portion store income roseate 2.9%. Retail income crossed omnichannel operations accrued 2.2%.

Franchise and wholesale delivered the strongest growth, rising 33.3% successful FY26.

Mulberry said each portion achieved affirmative like-for-like income maturation successful the 2nd half.

UK retail and integer income roseate 13.7% portion the US recorded maturation of 20.1%.

Sales successful the EU excluding the UK accrued 37.8% portion Asia Pacific income were up 20.8%.

The institution attributed the stronger show to advancement nether its “Back to Mulberry Spirit” strategy, which is focused connected simplifying operations, refining marque positioning and strengthening lawsuit engagement.

It besides said reduced discounting and a stronger absorption connected full-price income helped assistance gross margin.

During the year, Mulberry continued to put successful merchandise improvement and marque activity, including the “Rooted successful Craft” campaign.

The radical said the Bayswater Limited Edition sold retired soon aft its motorboat successful February portion the Boston container produced beardown sales.

Mulberry added that the assignment of Christopher Kane arsenic ready-to-wear originative manager forms portion of broader efforts to fortify its originative enactment up of aboriginal merchandise launches.

According to the company, the pick-up successful H2 reflected continued advancement successful executing its strategy crossed each regions, alongside enactment to gully successful some returning and caller customers.

"Mulberry posts FY26 income emergence arsenic second-half trading strengthens" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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