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Mulberry is a fashion company founded in England in 1971, known internationally for its leather goods, in particular women's handbags.Mulberry, which is best known for its handbags favoured by celebrities, currently has 44 UK stores and concessions, with 38 overseas.But its chief executive Godfrey Davis said: "By the end of next year, we will have more stores outside the UK than in the UK." In addition to new stores in South Korea and a fresh US flagship in New York's Soho in 2011, Mulberry outlet will open its first shop in China in Beijing through a franchise partner in the spring. Mr Davis said China was a "significant market. It has 160 cities the size of Birmingham."
Mulberry's surge in sales and margins drove pre tax profits up by 207 per cent to 4.7m over the six months to 30 September. Gross margins grew to 63.9 per cent from 55 per cent.Besides,The mulberry company was founded in 1971 by Roger Saul and his mother Joan—in 1973 they opened a factory in Chilcompton, Somerset, England.Mulberry established itself as a British lifestyle brand, noted for its leather poacher bags including the mulberry uk bag and dispatch bag. The range includes male and female fashions, leather accessories, and footwear. Mulberry Group plc is listed on the London Stock Exchange as MUL, and shareholders with 500 or more shares are entitled to a 20% discount at Mulberry's shops.
In addition, the mulberry outlet uk company, famed for its leather handbags, said retail sales in the first ten weeks of the current year were up 36 percent."We have started the new financial year strongly," Group Chairman Godfrey Davis said in a statement on Thursday. "Current indications are that sales will grow more rapidly during the next financial year than the one just ended."The company said its Asian business was growing particularly rapidly, with wholesale revenues expected to more than double as its partners open stores in Hong Kong, Korea, Qatar, Dubai and Kuala Lumpur.Mulberry reported in line full year results, with pre tax profit for the year to March 31 up 22 percent to 5.1 million pounds on sales of 72.1 million.The company increased its divided 10 percent to 2.2 pence per share. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
As created at in San Rafael, it's sort of like a casserole on a chewy, thin wheat crust, she explained, beginning with a base of creme fraiche mounded with white mushrooms sauteed in lots of butter, garlic, black pepper, parsley and heavy cream. Next comes a double layer of mozzarella and provolone, topped with butter braised portobellos and, finally, a thick drizzle of red wine reduction and more creme fraiche. (All pizzas $16.45 for 10 inch, feeds two; $26.50 14 inch, feeds three.)The result is meaty, tangy, rich and marvelous, and worthy of impressing none other than chef , as it did when he and two other judges decreed it the winner of the 2005 Food Network Challenge for best pizza.All of which makes it difficult to order anything else at this ultra friendly trattoria, where the strip mall space doesn't look like much, yet boasts excellent Italian cooking, such as five cheese lasagna stuffed with Italian sausage and ground beef in a serving that would satiate a lumberjack ($12.25).But branch out, because signature, generously loaded pizzas include the Three Beer (so named because you'll want suds to tame the heat of homemade spicy andouille, jalapenos, onions and house blend Cajun spice) or cheese buried in olive oil and herb marinated whole clams sprinkled with fresh chopped garlic.Pasta is good, too, in ample portions a small spaghetti and meatballs ($7.75) is a full meal. Or you can get it gluten free ($9.50). The noodles, made with corn and quinoa, don't taste like spaghetti but are satisfying.
Mulberry which sells handbags from the Charlie clutch bag at 195 to the Grey Ostrich Bayswater for 4,000 is now reaping the benefits of overseas expansion, as tourists seek out its stores when they visit other countries, said Mr Davis. "We are beginning to see some return on our investment in international mulberry sale markets," he said.