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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Losses shrink at Mulberry amid early progress in turnaround

Luxury fashion firm Mulberry has slashed its losses by more than half amid its major turnaround efforts (Yui Mok/PA) - (PA Archive)

Luxury fashion firm Mulberry has slashed its losses by more than half amid its major turnaround efforts.

The handbag maker said it is “well set” for the key Christmas trading period as it also reported a slowdown in sales decline, benefiting from growth in its wholesale business.

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