British luxury brand Mulberry reported a year to end-March annual loss of 14.2 million pounds ($18.4 million) but said it had traded ahead of its expectations as stores had reopened after the COVID-19 lockdown.
The group, best known for its leather bags, said revenue was down 29% for the 26-week period from March 29 to September 26.
It said it expected losses to be reduced in the current financial period.
($1 = 0.7736 pounds)
