Mulberry narrows losses as sales decline

Mulberry reduced its losses during its latest half year results.
The luxury brand cut its underlying group pre-tax loss from £15.3m to £7.4m for the 26 weeks ended 27 September. 
Mulberry said the reduction was driven by stable gross profit, strong cost control and a focus on profitable locations in its core markets.
Reported pre-tax loss also more than halved from £15.7m to £6.9m over the period. 
However, group sales fell 4% from £56.1m to £53.9m o