12th May 2005 16:25
Mulberry Group PLC12 May 2005 MULBERRY GROUP PLC12 MAY 2005 MULBERRY GROUP PLC ("Mulberry" or the "Group")TRADING UPDATE 12 MAY 2005 Demand for the company's products continues to grow strongly. The Spring 2005 third party Accessories wholesale order book has continued toincrease and is now 64% ahead of the previous year compared to 55% reported on 7April 2005. Additionally, the Accessories third party order book for the Autumn2005 season is approximately 80% ahead of the order book at the same point inthe prior year. It is estimated that approximately three quarters of the ordersfor the Autumn 2005 season have been taken at this date. Third party wholesalesales account for approximately half of the Group's turnover. Mulberry's own stores continue to trade strongly. Like for like sales in thefull price UK shops for the first 5 weeks of the new financial year continue tobe up by approximately 50%, continuing the pattern in the previous quarter. The results for the year ended 31 March 2005 will significantly exceed currentmarket expectations. ENQUIRIES: For further information, please contact:WMC CommunicationsAlex Glover - 020 7591 3999 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Mulberry Group