Mulberry Group plc provided earnings guidance for year ending March 31, 2013. For the year, the company expects revenues to be approximately £165 million. As a result, profit before tax for the year is expected to be approximately £26 million.

Wholesale sales for the year are now expected to be down approximately 15% compared to last year, due to the channel rationalization previously highlighted and lower than expected in-season ordering. Retail like-for-like growth for the year is expected to be in the region of 6%.