Mulberry Group (MUL)

Sector:

Retailers

275.00p
   
  • Change Today:
      7.50p
  • 52 Week High: 387.50
  • 52 Week Low: 261.00
  • Currency: UK Pounds
  • Shares Issued: 60.08m
  • Volume: 2,361
  • Market Cap: £165.21m
  • RiskGrade: 154

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 275.00p
Change Today 7.50p
% Change 2.80 %
52 Week High 387.50
52 Week Low 261.00
Volume 2,361
Shares Issued 60.08m
Market Cap £165.21m
RiskGrade 154

Mulberry Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.2% below the market average29.2% below the market average29.2% below the market average29.2% below the market average29.2% below the market average
35.85% below the sector average35.85% below the sector average35.85% below the sector average35.85% below the sector average35.85% below the sector average
Price Trend
62.46% below the market average62.46% below the market average62.46% below the market average62.46% below the market average62.46% below the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Income
76.54% below the market average76.54% below the market average76.54% below the market average76.54% below the market average76.54% below the market average
74.36% below the sector average74.36% below the sector average74.36% below the sector average74.36% below the sector average74.36% below the sector average
Growth
87.5% below the market average87.5% below the market average87.5% below the market average87.5% below the market average87.5% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% 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 18-Nov-2019

Time Volume / Share Price
11:26 262 @ 275.00p
11:26 1,000 @ 275.00p
09:01 227 @ 272.00p
09:01 262 @ 272.00p
08:11 410 @ 271.84p

Mulberry Group Key Personnel

Chair Godfrey Pawle Davis
CEO Thierry Andretta

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