Brief: Mulberry Takes Steps To Streamline Ops, Improve Margins & Cash Position

Mulberry

19/11/2024 07:27

Nov 19 (Reuters) - Mulberry Group PLC  MUL.L :
    * MULBERRY GROUP PLC: TAKEN DECISIVE STEPS TO STREAMLINE
OPERATIONS, IMPROVE MARGINS, REDUCE WORKING CAPITAL, AND
STRENGTHEN CASH POSITION
    * MULBERRY GROUP PLC: STRATEGIC ADJUSTMENTS TO OUR PRODUCT,
PRICING, AND DISTRIBUTION STRATEGIES
    * MULBERRY GROUP PLC: BEGUN DISCUSSIONS WITH LUXURY
WHOLESALE
PARTNERS
    * MULBERRY GROUP PLC: HY GROUP REVENUE DOWN 19% TO £56.1M
    * MULBERRY GROUP PLC: HY UNDERLYING LOSS BEFORE TAX OF
£15.3M
    * MULBERRY GROUP PLC: TRADING FOR FULL FINANCIAL YEAR IS
EXPECTED
TO BE WEIGHTED TOWARDS SECOND HALF
    * MULBERRY GROUP PLC: CONTINUE TO TAKE APPROPRIATE COST
ACTIONS
AND MANAGE INVENTORY LEVELS
    * MULBERRY GROUP PLC: TRADING DURING TWENTY-SIX WEEKS ENDED
28
SEPTEMBER 2024 WAS CHALLENGING
    * MULBERRY GROUP PLC: STRATEGIC REVIEW WILL BE CONCLUDED IN
DECEMBER

Source text:  ID:nRSS7032Ma 
Further company coverage:  MUL.L 

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