Home New Look 2015 UK’s Mulberry reaffirms $256 mn revenue target despite FY25 headwinds

UK’s Mulberry reaffirms $256 mn revenue target despite FY25 headwinds

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Mulberry Group plc has reported a 21 per cent YoY revenue decline to £120.4 million (~$140.87 million) in FY25 amid global luxury market contraction.
Despite losses and margin pressure, the brand remains cautiously optimistic for FY26.
Strong digital sales, full-price growth, and wholesale momentum support recovery.
CEO Andrea Baldo highlighted strategic simplification and brand reinvigoration.Mulberry Group plc has reported a 21 per cent YoY revenue decline to £120.4 million (~$140.87 million) in FY25 amid global luxury market contraction.
Despite losses and margin pressure, the brand remains cautiously optimistic for FY26.
Strong digital sales, full-price growth, and wholesale momentum support recovery.
CEO Andrea Baldo highlighted strategic simplification and brand reinvigoration.