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Financial Reporting : Report ( Mulberry & Supergroup )

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Financial Reporting - Report
(Mulberry & SuperGroup)

Introduction

Mulberry was established in 1971 in Somerset by Roger Saul (Mulberry, 2015). It is recognised for its luxury leather products in the UK (Mulberry, 2015). The company’s products offer a variety of categories including leather accessories such as bags, which have accounted for 70% of its group revenue; small other leather goods, shoes, soft accessories and women’s ready-to-wear (Mulberry, 2015). It operates 124 stores in 24 countries across the world (Mulberry, 2015).
SuperGroup was founded in 2003, under the Superdry brand which designs, produces and sells affordable premium-quality products including; clothing, accessories, footwear and cosmetics (SuperGroup, 2015). The products have been highly demanded from a broad age group for both men and women (SuperGroup, 2015). It has operated 573 stores in 45 countries globally (SuperGroup, 2015).
Return on Capital Employed
Mulberry had suffered a significant plunge in the last three years after approaching its highest point at 56.68% in 2012 (Appendix 7). The group 's total revenue had soared by 38% in 2012 as a result of the rapid increase in international revenue and the online sales (Mulberry, 2012). Its operation expenses also went up (Mulberry, 2012), however, it was offset by the huge jump from the revenue, resulting in a 53% increase in its operating profit (Appendix 5).
After the success, Mulberry’s revenue had gone down and rapidly decreased in 2015

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