Mulberry Group plc, through its subsidiaries, designs and manufactures fashion accessories and clothing in the United Kingdom, Asia Pacific, and internationally. It provides briefcases, messenger bags, and backpacks; wallets, and purses and pouches; sunglasses, scarves, gloves and hats, belts, cufflinks, keyrings, and shoes; jewelry, organisers, leather care, and care products; gifts; and luggage, holdalls, bag, and other travel accessories for men and women, as well as ready-to-wear and eyewear products. The company sells its products through its retail shops, concessions, and wholesale distribution channels under the Mulberry brand, as well as sells its products online. Mulberry Group plc was founded in 1971 and is based in Bath, the United Kingdom. Mulberry Group plc is a subsidiary of Challice Limited.

Mulberry Group plc

Established in Somerset in 1971 around a kitchen table, Mulberry has grown to be the largest maker of luxury leather goods in the United Kingdom.
 
With a bold contemporary take on British heritage and a focus on responsible craft, our ambition is always to create progressive luxury pieces that are made to last. 

Sustainability has been at the heart of Mulberry since its inception, and in 2021, to mark our fiftieth anniversary, we launched our Manifesto. In it, we detail our commitment to be transformative in our thinking and actions in every area, from sourcing and manufacturing, to production, to our relationships with the communities around us. The Manifesto provides the foundations of its commitment to a regenerative and circular supply chain by 2030 – only then can we be a business that truly is Made to Last. 
 
Believing our bags should have long – if not multiple - lives, Mulberry offer customers artisanal repair and restoration services at our Lifetime Service Centre in Somerset. In 2020 we also introduced two new propositions: The Mulberry Exchange, a circular resale platform offering authenticated pre-loved Mulberry bags, including rare and archive styles, and Buy-Back, a service allowing customers the opportunity to trade in their existing Mulberry bag for credit towards a new purchase.
 
Mulberry may now be a global brand, currently made up of over 1,200 employees all over the world, across offices, stores, and factories, but our values remain the same. As an equal opportunities employer, we are committed to Diversity, Equity, and Inclusion in the workplace, and we focus on improving our impact on people, as well as the planet.

Frasers Group

Mulberry England

This Valentine’s Day, we’ve partnered with SSAW Collective on their annual campaign asking 'Why buy Roses in February?', showcasing the environmental impact of importing out-of-season flowers and highlighting the importance of taking a more seasonal and ethical approach to buying and gifting flowers. 
 
A community of chefs, growers and florists seeking to make positive changes in our food and floral systems, SSAW Collective advocate for transparent sourcing practices and the use of seasonal produce, promoting more considered ways of working which have the capacity to make positive ecological progress in their respective industries. 
 
The conditions for roses to grow all year round do not exist, not least in the UK, and so - as a result of the teeming demand - 8 million roses are imported into the UK every year during the Valentine’s period. These 570 tonnes of flowers are sourced mainly from the Netherlands, Kenya and Ethiopia, creating huge carbon emissions, as well as high energy, water and pesticide usage. 
 
SSAW Collective’s commitment to traceability mirrors Mulberry’s own approach to sustainable practice, with transparency in our supply chain - from farm to factory to shop floor - being at the heart of our Made to Last Manifesto. The flowers pictured in our campaign are in-season alternatives, ethically sourced by SSAW Collective.

Discover more: https://lnkd.in/dGcCFqaF

#MulberryMadeToLast #SSAWCollective

Our sustainability team were thrilled to host the first in-person Made to Last Ambassador event on January 31st at the Mulberry showroom in our Kensington head office, after meeting virtually since launch in September 2023.
 
The one-day event was a wonderful opportunity for our Made to Last Ambassadors – Mulberry employees passionate about sustainability – to gather for a day of learning and collaboration. 
 
The Ambassadors play a crucial role in advancing our sustainability strategy, and we were delighted to have inspiring guest speakers – including Supply Chain Director, Rob Billington, who opened the event; Sara Grady and Alice V Robinson from British Pasture Leather; Deborah Taylor,  PQCI, ASLTC from the Sustainable Leather Foundation; Louise Self (née Bingham) from The Felix Project; and Charli Adamson from Ecologi | B Corp™ – guiding insightful discussions on the day.
 
The Made To Last Ambassadors scheme is an ongoing initiative, welcoming all Mulberry employees to join this transformative journey toward a more sustainable future. Thank you to everyone who took part.
 
#MulberryEngland

Mulberry is proud to support The Outsiders Perspective, a not-for-profit incubation platform for People of Colour aimed at increasing representation in operational, commercial, and marketing roles within the fashion and luxury sectors. 
 
The Outsiders Perspective has collaborated with the British Fashion Council and The Fashion Minority Report, supported by knowledge partner McKinsey & Company, on the UK’s first Fashion Diversity, Equity & Inclusion Report (DEI).
 
The report sets out the compelling business cases for making DEI a crucial part of a business strategy, with measurable levers to help accelerate widespread industry improvements, as well as talent recruitment and retention strategies.
 
Discover the full report, available to download, here: https://lnkd.in/ewngVKDm

We’d like to say a massive thank you to everyone who participated in The Mulberry £1 Raffle or donated to The Felix Project over the festive period. Thanks to you, the charity are able to deliver 150,785 meals across the capital to the vulnerable communities who need them the most. 
 
The Felix Project work to collect surplus food and distribute it around London to charities, schools, and kitchens. You can still donate to their vital cause via the link below.

https://lnkd.in/e-4n2wc6

Introducing Mulberry x Mira Mikati, a vibrant collection crafted in celebration of the prosperous new Year of the Dragon.

The limited-edition capsule offers a suite of irresistible styles both familiar and new, available in a joyful kaleidoscope of colour. From refreshed Mulberry icons and accessories to fun ready-to-wear pieces including embroidered jeans, a sweet cardigan, colourful shirts and more – the collaboration is a testament to Mulberry and Mikati's shared love for vivid hues.

The collection also features an exclusive dragon animation; a playful character created by Mikati in homage to the forthcoming dragon year, brought to life as textural prints, bag straps, 3D keyrings, and ready-to-wear motifs.

Discover the collection: https://lnkd.in/evPQeRuz

#MulberryxMiraMikati

Our new festive-themed pop-up at Tokyo’s legendary shopping destination, Isetan Shinjuku, is now open. Running between 29th Nov - 5th December, the pop-up introduces two exclusive styles from our newest bag families: the playful, party-ready Silver Lana Top Handle and the small Pimlico satchel, a petite silhouette perfect for day-to-night dressing. 

#MulberryEngland

Between now and 25th December, we’re bringing The Mulberry £1 Raffle back to support The Felix Project in its fight against food poverty. Every week, we’ll raffle off Mulberry prizes – from icon bags to little luxuries – for just £1 to help raise important funds for the charity.

Every £1 buys three meals and we'll be matching donations to help The Felix Project deliver as many as possible this festive season and beyond. Buy tickets here: https://lnkd.in/ekAM7crp  

The Mulberry £1 Raffle is only available to entrants from the UK. Full Terms and Conditions at mulberry.com. 

#MulberryEngland

This festive season, come behind the scenes of a Mulberry campaign shoot, as we show the sheer determination it takes to capture that perfect shot.

In a series of playful vignettes, filmmaker and creative director Bunny Kinney captures our colourful cast of characters in a cinematic range of mises en scène: from the baby more interested in getting their hands on a shiny Mulberry bag than smiling for the camera, to the defiant dog-actor that no one can find. When Bunny yells “Action!”, there’s no guarantee what they’ll get. It’s a festive miracle that they capture anything at all…

Discover the campaign: https://lnkd.in/eNXEh_E8

Last week, storytelling platform PRIM hosted the first instalment of its new event series in London, "A Mixtape On Duality", which Mulberry was proud to support.
 
Founded by K Bailey Obazee, Prim is dedicated to educating, connecting, documenting and sharing the myriad of ways people of Black ancestry tell their stories.
 
Created for PRIM’s Queer Black community and allies, A Mixtape On Duality explored the ways in which Black people learn, educate, and share parts of themselves, as well as the impact it has on their identities. 
 
The one-day event included screenings of three Black queer films – The Aggressives, Young Soul Rebels and Kokomo City – as well as talks with cultural figures from the Black community: Kazeem Kuteyi of New Currency, artist Rachel Jones, and cultural curator and DJ, Sippin’ T. There were also free books from the PRIM bookshop available for visitors to enjoy throughout the day.

#MulberryEngland

Introducing the Pimlico, our contemporary take on the quintessential British satchel. Crafted from smooth Super Lux Leather, the Pimlico’s clean-lined silhouette contrasts with its bold new Pimlico Lock – a graphic reworking of our equestrian-inspired classic Rider’s Lock. Available in classic and small, our new staple style is designed for day-to-night dressing.

To debut the Pimlico, photographer Esther Theaker headed to the English countryside for an early-morning shoot. The dream-like images – featuring musician, composer, and artist Okay Kaya in incongruous styling – call attention to the Pimlico’s contrasting design elements and youthful spirit.

Discover the Pimlico: https://lnkd.in/eUJdqQHA 

#MulberryEngland

	Mar '14	Mar '15	Mar '16	Mar '17	Mar '18	Mar '19	Mar '20	Mar '21	Mar '22	Mar '23	Mar '24
revenue	163.46M -	148.68M 9.04%	155.87M 4.83%	168.12M 7.86%	169.72M 0.95%	166.27M 2.03%	149.32M 10.19%	114.95M 23.02%	152.41M 32.59%	152.41M 0%	152.84M 0.28%
cost of revenue	59.99M -	58.74M 2.08%	59.30M 0.94%	64.53M 8.83%	62M 3.93%	63.98M 3.20%	58.20M 9.04%	55.06M 5.40%	43.11M 21.71%	43.11M 0%	45.70M 6.03%
gross profit	103.46M -	89.94M 13.08%	96.57M 7.37%	103.59M 7.27%	107.72M 3.99%	102.28M 5.04%	91.12M 10.92%	59.89M 34.27%	109.31M 82.51%	109.31M 0%	107.14M 1.98%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses					100.06M -	103.67M 3.61%	102.38M 1.25%	56.10M 45.20%
research and development expenses
other expenses	86.36M -	85.57M 0.91%	89.92M 5.08%	95.39M 6.09%	100.98M 5.86%	101.25M 0.27%	102.05M 0.79%	1.60M 98.43%	91.43M 5,614.63%	91.43M 0%
cost and expenses	146.44M -	144.32M 1.45%	148.14M 2.65%	161.01M 8.69%	162.98M 1.22%	171.25M 5.07%	160.25M 6.42%	109.56M 31.63%	134.54M 22.80%	134.54M 0%	171.62M 27.56%
operating expenses	86.45M -	85.57M 1.01%	88.84M 3.82%	96.48M 8.60%	100.98M 4.67%	107.26M 6.22%	102.05M 4.86%	54.50M 46.59%	91.43M 67.77%	91.43M 0%	125.92M 37.71%
interest expense	30K -	46K 53.33%	66K 43.48%	17K 74.24%	29K 70.59%	258K 789.66%	4.98M 1,829.46%	4.18M 16.11%	3.47M 16.98%	3.47M 0%	5.02M 44.76%
ebitda	28.64M -	16.90M 41.01%	18.29M 8.24%	18.16M 0.68%	14.87M 18.16%	3.33M 77.59%	45.55M 1,267.31%	18.57M 59.22%	30.24M 62.81%	30.24M 0%	-2.92M 109.67%
operating income	13.72M -	1.70M 87.61%	6.11M 259.41%	7.11M 16.32%	6.74M 5.22%	-4.98M 173.93%	-43.02M 763.86%	5.39M 112.52%	24.65M 357.44%	18.07M 26.67%	-29.14M 261.21%
depreciation and amortization	11.30M -	12.33M 9.12%	10.39M 15.71%	10.62M 2.16%	8.13M 23.41%	8.08M 0.60%	56.34M 597.23%	13.18M 76.60%	12.16M 7.74%	12.16M 0%	16.03M 31.82%
total other income expenses net	-3.09M -	-2.50M 19.09%	-430K 82.81%	-661K 53.72%	181K 127.38%	-6.04M 3,437.02%	-36.94M 511.52%	-774K 97.90%	-3.32M 329.07%	3.25M 197.92%	-4.99M 253.35%
income before tax	14.01M -	1.86M 86.72%	6.22M 234.07%	7.53M 21.17%	6.92M 8.18%	-5.01M 172.40%	-47.87M 855.79%	4.61M 109.64%	21.33M 362.20%	21.33M 0%	-34.12M 260.01%
income tax expense	5.41M -	3.25M 39.89%	3.53M 8.58%	2.54M 28.00%	2.01M 20.92%	-157K 107.81%	-998K 535.67%	-43K 95.69%	2.16M 5,116.28%	2.16M 0%	860K 60.13%
net income	8.60M -	-1.39M 116.18%	2.69M 292.89%	5.34M 98.81%	4.91M 8.09%	-2.48M 150.53%	-44.14M 1,680.40%	4.77M 110.81%	19.98M 318.71%	19.98M 0%	-33.51M 267.65%
weighted average shs out	59.40M -	59.30M 0.17%	59.30M 0%	59.40M 0.17%	59.40M 0%	59.40M 0%	59.40M 0%	59.50M 0.17%	59.50M 0%	59.50M 0%	59.70M 0.34%
weighted average shs out dil	60.20M -	59.90M 0.50%	59.80M 0.17%	59.50M 0.50%	59.60M 0.17%	59.70M 0.17%	59.40M 0.50%	59.50M 0.17%	59.50M 0%	59.50M 0%	59.70M 0.34%
eps	0.14 -	-0.02 116.79%	0.04 291.49%	0.08 86.67%	0.08 1.67%	-0.04 150.48%	-0.74 1,674.58%	0.08 110.84%	0.32 299.00%	0.34 6.25%	-0.56 264.71%
epsdiluted	0.14 -	-0.02 116.57%	0.04 293.97%	0.08 86.67%	0.08 2.02%	-0.04 150.43%	-0.74 1,683.13%	0.08 110.84%	0.32 299.00%	0.34 6.25%	-0.56 264.71%

COM:MULBERRY

Mulberry

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