Bonkers Bargains: Mulberry is doing better than expected (Updated)
Having experienced a dramatic rise and fall over the past decade, Mulberry faces an uncertain future. However, its brand value and growth opportunities are not fully reflected in the current valuation and its approach to sustainability is impressive. Strong growth in the Group's Asian markets as well as through digital platforms is also seeing it recover better than previously anticipated. The shares still have a long way to go to return to previous glories, but it is certainly looking encouraging for our Bonkers Bargain.
The past decade has been a ‘rollercoaster ride’ for luxury leather goods producer and retailer Mulberry (LON:AIM), previously one of AIM’s largest companies.
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