Mulberry has narrowed its H1 loss as revenue dipped 4 per cent to £53.9 million (~$70.61 million) but gross margin rose to 69.2 per cent on reduced discounting.
Retail and digital revenue fell 8 per cent, while wholesale jumped 36 per cent.
Europe grew strongly, but Asia Pacific declined 17 per cent.
Costs fell 16 per cent, helping improve profitability.Mulberry has narrowed its H1 loss as revenue dipped 4 per cent to £53.9 million (~$70.61 million) but gross margin rose to 69.2 per cent on reduced discounting.
Retail and digital revenue fell 8 per cent, while wholesale jumped 36 per cent.
Europe grew strongly, but Asia Pacific declined 17 per cent.
Costs fell 16 per cent, helping improve profitability.
