SuperGroup’s share price jumps after brand beats revenue expectations SuperGroup's share price jumped 4.6 per cent after beating expectations on revenues and earnings. The figures: Sales at the Superdry parent company were up 12.9 per cent to £486.6m – above analyst consensus, which had tipped that figure at £483.3m – while pre-tax profits were up two per cent to £63.2m. Underlying earnings per [...]
SuperGroup confirms Wharton as chief financial officer after previous finance head was made bankrupt SuperGroup, the parent company of young fashion label SuperDry, has upgraded its interim chief financial officer Nick Wharton to a permanent role. Wharton, who now joins the board had been acting in the role since 25th February, when he joined from Dunelm where he was chief executive. He had been parachuted in after [...]
Supergroup’s share price surges as new strategy includes an Idris Elba designed fashion range and 2016 dividend British fashion retailer Supergroup, the maker of Superdry clothing, is roping in potential future Bond Idris Elba to help grow its business. The star of Luther and The Wire will collaborate on designing a premium fashion range for Supergroup, the retailer has revealed, among a host of plans which sent shares surging six per cent [...]
SuperGroup CFO Shaun Wills forced to step down after being declared bankrupt February 25, 2015 SuperGroup's share price tumbled this morning after it emerged its chief financial officer has been forced to step down after being declared bankrupt. Shaun Wills, who had been in the role for nearly three years, has stepped down as a director of the company behind the SuperDry brand with immediate effect. It's not [...]
SuperGroup share price falls after surprise exit of chief operating officer Susanne Given February 12, 2015 SuperGroup's share price fell this morning after it revealed chief operating officer Susanne Given has left the company. Her role is being made redundant, with SuperGroup saying her responsibilities would be “absorbed by the executive team”, so the heads of UK retail, IT and logistics will report directly into chief executive Euan Sutherland. [...]
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 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 [...]
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 [...]
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 [...]
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 [...]