Supergroup’s sales pick up November 9, 2011 THE OWNER of the Superdry fashion label said it was confident its distribution capability would return to normal levels later this month, as it reported a surge in second quarter sales. Last month SuperGroup, one of last year’s most successful stock market flotations, warned that its full-year profits would be hit after problems with its [...]
SuperGroup in £9m profit warning hit October 5, 2011 SUPERGROUP yesterday shocked the City by revealing that its full-year profits will be hit by up to £9m after a supply problem at a key warehouse. The company, best known for its Superdry brand, saw its shares dive almost 30 per cent after the announcement. It said there had not been enough stock in its [...]
SuperGroup shares plunge after shock profit warning October 5, 2011 Fashion retailer SuperGroup has warned that its profits will be dented by between £6m and £9m after problems revamping a key warehouse. The company, which has the Superdry brand, said that some stock had not been hitting the shelves because of the glitch. Shares in the firm plunged by around 25 per cent after the [...]
SuperGroup bucks high street gloom September 7, 2011 YOUTH fashion retailer SuperGroup expects to buck the high street gloom and achieve a solid Christmas after recording strong summer sales. The fast-growing firm, whose SuperDry clothes are worn by David Beckham and Leonardo DiCaprio, reported a 66 per cent rise in sales to £54m in the 13 weeks to 31 July. The group, which [...]
SuperGroup sees pickup in sales September 7, 2011 Fashion chain SuperGroup has said its sales growth is picking up as revenues jumped to £54m in the three months to August, 66 per cent per cent higher than in the same period in 2010. SuperGroup, which sells Superdry-branded clothes, saw its wholesale sales almost double £21m in the period on higher international demand for [...]
SuperGroup sharpens up supply chain August 22, 2011 SUPERGROUP yesterday outlined plans to tackle future supply chain problems after the retailer was caught with a summer stock shortage that triggered a fall in its share price. The company, whose brands include Superdry, gave a hit list of possible hurdles to its growth in its annual report. The document also highlighted the firm’s expansion [...]
SuperGroup profit up 89pc July 13, 2011 Fast-growing fashion retailer SuperGroup posted an 89 percent rise in annual profits and saw room for further growth this year. SuperGroup, whose Superdry clothes are a favourite of celebrities such as David Beckham and Leonardo DiCaprio, said on Wednesday that it made an underlying pre-tax profit of £50.2m in the year to 1 May. The [...]
Regent Street branded new Fifth Avenue June 26, 2011 SUPERGROUP chief executive Julian Dunkerton has labelled Regent Street – where it is to have its flagship store – as “the UK’s answer to Fifth Avenue”, as some of the world’s most famous brands line up to set up shop there. In a changing of the guard among retailers, SuperGroup has bought the lease on [...]
SuperGroup: Growth plan is on track June 20, 2011 SuperGroup has seen a marked improvement in trading over the past three weeks and is sticking by its expansion plans, it said, as it seeks to calm nerves after a plunge in its shares. The company behind the Superdry fashion brand also said it had exchanged contracts for a new flagship store on London’s Regent [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 19, 2011 FINANCIAL TIMES SMALL AND MID-CAP BROKERS SHINE IN ANNUAL RANKINGS Small and mid-cap brokers have outshone their larger competitors in stockpicking, according to the latest FT/StarMine rankings. Of the top 10 stock-pickers in the UK and Ireland – led by Richard Slape, energy analyst at Canaccord Genuity with his call on Rockhopper Exploration – seven [...]