Mulberry Reports First-Half Sales Up 18% as Shares Gain Nearly 4%
The British luxury handbag maker attributed the sales rise to resilient demand for heritage bags and a higher share of full-price sales. Shares rose nearly 4% in early trading.
British luxury handbag maker Mulberry LSE:MUL said Monday that sales rose 18% in the first half. Resilient demand for its heritage bags and a higher proportion of full-price sales drove the increase, while the shares climbed nearly 4% in early trading.