Luxury Goods
Mulberry revenues up 4% in FY23 despite UK sales drop
The group’s underlying profit before tax only reached £2.5m, compared with £14.6m in the previous year, as the group’s costs and additional investments took a toll
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/12/Mulberry_store_Brompton_Road_London_June_2016_01-small-e1608282471125-895x540.jpg?lossy=1&strip=1&webp=1)
The luxury handbag brand, Mulberry, has revealed that revenues increased 4% to £159.1m for the year ended 1 April, an increase from £152.4m recorded in 2022.
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