Mulberry Group (MUL)

Sector:

Personal Goods

Index:

FTSE AIM All-Share

196.00p
   
  • Change Today:
      4.50p
  • 52 Week High: 320.00
  • 52 Week Low: 125.50
  • Currency: UK Pounds
  • Shares Issued: 60.08m
  • Volume: 3,339
  • Market Cap: £117.75m
  • RiskGrade: 356

Mulberry takes full ownership of Korea business

By Michele Maatouk

Date: Friday 26 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Luxury handbag maker Mulberry has bought a minority interest in Mulberry Korea, meaning it now owns 100% of the business.
The company said on Friday that it has bought a 40% stake in Mulberry Korea, which was previously held by its local partner, SHK. It has also made an addition investment of £1.3m in the business.

Together with its initial investment of £3.1m made in August last year, this brings the group's total investment in Mulberry Korea to £4.4m.

Chief executive officer Thierry Andretta said: "Over the last eighteen months, we have recruited a new management team and taken day to day control of the business in South Korea, an important market for luxury goods where the Mulberry brand has significant growth potential.

We would like to thank our longstanding partner, SHK, for its invaluable contribution in developing Mulberry in South Korea, our second biggest retail market globally. Taking full ownership of our business marks an exciting development in advancing our international omni-channel and digital strategy."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mulberry Group Market Data

Currency UK Pounds
Share Price 196.00p
Change Today 4.50p
% Change 2.35 %
52 Week High 320.00
52 Week Low 125.50
Volume 3,339
Shares Issued 60.08m
Market Cap £117.75m
RiskGrade 356

Mulberry Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.18% below the market average23.18% below the market average23.18% below the market average23.18% below the market average23.18% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
69.38% below the market average69.38% below the market average69.38% below the market average69.38% below the market average69.38% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Income
64.8% below the market average64.8% below the market average64.8% below the market average64.8% below the market average64.8% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth
85.19% below the market average85.19% below the market average85.19% below the market average85.19% below the market average85.19% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

Mulberry Group Dividends

  Latest Previous
  Final Final
Ex-Div 24-Oct-19 25-Oct-18
Paid 21-Nov-19 22-Nov-18
Amount 5.00p 5.00p

Trades for 05-Jun-2020

Time Volume / Share Price
15:28 5,000 @ 190.57p
15:14 500 @ 199.00p
14:45 250 @ 197.00p
14:36 2,112 @ 198.82p
14:20 37 @ 190.14p

Mulberry Group Key Personnel

Chair Godfrey Pawle Davis
CEO Thierry Andretta

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