The Aporia · Mulberry sales lift 18% as turnaround progress accelerates

Mulberry sales lift 18% as turnaround progress accelerates

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Saker-Clark, H. (2026, October 19). Mulberry sales lift 18% as turnaround progress accelerates. Evening Standard. https://www.standard.co.uk/news/uk/mulberry-somerset-christopher-kane-europe-press-association-b1301393.html

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Quick Summary

Mulberry reported an 18% increase in sales for the 26 weeks ending September 26, compared to the same period last year, driven by strong customer demand across its seasonal and core fashion collections. The UK saw a 10% increase in sales over the half-year, with franchise and wholesale divisions experiencing even stronger growth at 52%. CEO Andrea Baldo attributed this progress to the company’s turnaround strategy focused on product quality, brand strength, and customer satisfaction.

Written locally by qwen2.5:14b on 2026-10-19, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

As of October 19, 2026, Mulberry, a fashion brand known for its leather handbags, reported an 18% increase in sales over the past 26 weeks compared to the same period last year. The Somerset-based company's chief executive, Andrea Baldo, attributed this growth to strong customer demand for both seasonal and core collections, including new products like Raffia, Crochet, and Stevie bags. UK sales alone increased by 10%, with a 9% rise in like-for-like sales. Additionally, franchise and wholesale sales grew by 52%. The company has been implementing a major turnaround plan since early last year to improve its financial health and profitability.

Written for “Mulberry Sales Increase” on 2026-10-19, grounded in this article and the 0 other(s) covering the same event.

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0 of 10 hedged ("reportedly", "may", "according to")

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takes no side on a contested political question

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Evening Standard's corrections and hedging, across everything collected from it. Not a measure of accuracy.

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Economy/Business

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Who wrote this

Henry Saker-Clark

69 article(s) here · 0 carrying a prediction

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Nothing else under this byline is closely related to this article, so these are simply their most recent.

All 69 articles by Henry Saker-Clark →

Claims (10 extracted, 0 hedged)

The group said it has seen momentum continue into the second half of the financial year despite a “challenging” macroeconomic backdrop. asserted

momentum → say → backdrop

Boss Andrea Baldo said he was “very pleased” with recent progress by the business. asserted

he → say → business

The Somerset-based business revealed that group sales lifted by 18% for the 26 weeks to September 26, compared with the same period a year earlier. asserted

sales → base → period

Mulberry said it was buoyed by “strong customer demand” across both its seasonal and core fashion collections, with positive sales of new products including its Raffia, Crochet and Stevie bags. asserted

it → say → bags

UK sales increased by 10% over the half-year, with like-for-like growth of 9%. asserted

sales → increase → %

Franchise and wholesale demand also grew strongly, with 52% sales growth across the division. asserted

demand → grow → division

The fashion brand, known for its leather handbags, is undergoing a major turnaround plan it launched early last year as part of efforts to shore up its finances and return to profit Mr Baldo, chief executive of Mulberry, said: “The strength of our performance reflects the work undertaken over the past year to refocus the group around product, brand and customer, while maintaining a disciplined approach to trading and cost management. asserted

strength → know → trading

“The growth in full-price sales is particularly encouraging, demonstrating that our collections are resonating with customers across our key markets. asserted

collections → demonstrate → markets

“There remains much more to achieve as part of our strategic plan, and we are operating in a challenging trading environment. asserted

we → remain → environment

“However, we enter the second half with a strong product pipeline, increased brand desirability and a clear focus on delivering our strategy.” asserted

we → enter → strategy

Mulberry sales lift 18% as turnaround progress accelerates

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Claims (10 extracted, 0 hedged)