SuperGroup share price soars on strong Christmas figures January 14, 2015 SuperGroup's share price soared 7.5 per cent this morning, after the company revealed strong results for the 11-week Christmas trading period. The business, which owns the SuperDry brand, had a pretty impressive period up to January 10, with total retail sales up 17.8 per cent, while like-for-likes rose 12.4 per cent. Ecommerce was [...]
Supergroup share price plummets after becoming the next retailer to issue warm weather profit warning October 31, 2014 Is a Halloween curse following Euan Sutherland around? Just days after the former Co-op boss, who famously quit the business after he dubbed it "ungovernable", was appointed chief executive of SuperGroup, the retailer has issued a profit warning. In a trading update issued this morning, the company behind the SuperDry brand said unseasonably warm weather [...]
SuperGroup share price slides as former Co-op boss Euan Sutherland replaces Julian Dunkerton as chief executive October 22, 2014 The former boss of The Co-operative Group, who jumped ship from the troubled company he once called "ungovernable" in March after only 10 months in charge, has been named the new chief executive of Supergroup. Euan Sutherland will replace Julian Dunkerton, the man who founded the group’s fashion brand SuperDry, who becomes product and brand director. [...]
New SuperGroup chief executive Euan Sutherland gets golden handshake of almost 200,000 shares while share price continues to slide October 22, 2014 Euan Sutherland is being given a golden handshake of almost 200,000 shares by SuperGroup, following his appointment to the role of chief executive earlier today. He will take over from Julian Dunkerton, who founded the group’s fashion brand SuperDry. Dunkerton has been appointed to the role of product and brand director. Under the [...]
Euan Sutherland relaxes into SuperGroup’s clothing after taking on chief exec role October 22, 2014 Euan Sutherland looked relaxed and rested yesterday as he announced his new role as chief executive of high street fashion retailer SuperGroup. As if to prove his unswerving loyalty to the cult brand, the soft-spoken 6ft 6in Scotsman is dressed head-to-toe in Superdry clothing, including a navy blue pea coat, which he enthuses is “absolutely [...]
Kingston’s Bentall Centre up for grabs with £200m-plus price tag October 16, 2014 Bentall shopping centre in Kingston upon Thames has been put up for sale after one of its owners appointed advisers to sell its 50 per cent stake, with a price-tag of around £200m. It is one of the busiest malls in Greater London, with 700,000 square feet of space and 14m visitors a year from [...]
Supergroup boss upbeat on prospects despite profits slide December 11, 2014 SUPERGROUP boss Euan Sutherland has said it has drawn a line under its disappointing first half and is confident about its prospects for the rest of the year after September’s warm weather hurt profits. The owner of the Superdry brand said underlying pre-tax profits dropped 30 per cent to £12.5m in the six months to [...]
Guys just wanna have fun January 11, 2015 JLL’s boss tells Kasmira Jefford why his firm is anything but dull GUY Grainger has something he needs to get off his chest. It seems that some people might think that property and property advisory companies like JLL are, well, let’s say a little bit… dull. “People often say that to me and I think: [...]
Superdry boss says Germany to overtake UK February 6, 2014 SUPERGROUP chief executive Julian Dunkerton yesterday laid out his ambitions for the fashion retailer’s German business to overtake its home market, as it revealed a 22 per cent jump in third quarter sales to £141m. Dunkerton said the Superdry owner will be shifting its focus away from the UK towards international expansion and that around [...]
UK weather: Has this autumn been warmer than normal? Turns out October 2014 has been colder than the 20-year average October 31, 2014 Has this October really been “unseasonably warm”? This week two retailers have blamed the weather for poor sales. First up it was Next, which has become renowned for generally being so cautious on its guidance that it surprises on the upside. It was forced to lower its full year guidance, however, saying autumn had [...]