Mulberry Group plc has reported a revenue of £56.1 million (~$70.3 million) for H1 FY24, down 19 per cent YoY.
Gross profit dropped 24 per cent to £37.3 million (~$46.71 million), with a reduced gross margin of 67 per cent.
UK retail sales fell 14 per cent, while international sales dropped 17 per cent.
CEO Andrea Baldo outlined plans to revitalise the brand and boost relevance.