Mulberry Narrows Losses as Turnaround Continues
Mulberry narrowed its losses in the first half of fiscal 2025, despite a 4% revenue slip to £53.9 million.The British luxury brand slashed its operating expenses by 16% to £42.7 million in the 26 weeks ended September 27. A move away from discounting to focus on full-price sales helped to boost its gross margin to 69%, from 67%...





