By  on June 19, 2009

LONDON — Profits at Mulberry Group plc slid 2.5 percent to 2.6 million pounds, or $4.5 million, from 3.4 million pounds, or $5.8 million, in the fiscal year ending March 31, due to a higher tax rate and costs linked to store openings, product development, marketing and management.

All figures have been calculated at average exchange rates for the period to which they refer.

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