Mulberry has narrowed its H1 loss as revenue dipped 4 per cent to £53.9 million (~$70.61 million) but gross margin rose to 69.2 per cent on reduced discounting. Retail and digital revenue fell 8 per cent, while wholesale jumped 36 per cent. Europe grew strongly, but Asia Pacific declined 17 per cent. Costs fell 16 per cent, helping improve profitability.
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