Mulberry books profits on positive retail sales

The Mulberry Group delivered improved results for the year to March 31, 2016. The company said profit before tax was 6.2 million pounds (8.7 million dollars) against 1.9 million pounds (2.6 million dollars) last fiscal year, driven by growth in retail sales. Retail sales were up 8 percent to 118.7 million pounds (168.1 million dollars) against 109.9 million pounds (155.6 million dollars) last year with like-for-like sales increase of 8 percent.