Mulberry Brand Sales Forecast Will Not Achieve Expectations.
Mulberry, Mulberry, a luxury handbag manufacturer in Britain, said that its sales and profits for the whole year will not meet expectations because of the declining sales in the past 10 weeks. P
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< p > the company said in a statement that the annual pre tax profit as of March 31st will be about 26 million pounds.
However, the average profit of three analysts from Bloomberg is 30 million 700 thousand.
Mulberry said his income would be about 165 million pounds, with an average estimate of 176 million pounds.
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< p > the company said that in the past 10 weeks, the volume of retail portfolio pactions has been disappointing, including the decrease in tourist expenditures in London stores.
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