SuperGroup profit soars July 15, 2010 FASHION retailer SuperGroup’s full-year pre-tax profit soared to £22.46m from £7.59m last year. Group revenue for the 52 weeks ended May 2, 2010 was up 83.1 per cent to £139.4m from £76.14m in the comparable period. The surge has been fuelled by the company’s Superdry label which has been sported by a host of celebrities [...]
SuperGroup in £500k payout for online plans June 22, 2010 SuperGroup, owner of the Superdry brand, has paid the man who sold its seconds on the web £500,000 and taken the operation in-house. Chris Griffin, the top-rated UK seller of designer clothing on eBay, will be given the payment in shares. Meanwhile, Griffin will become the company’s e-commerce chief and be put on the SuperGroup [...]
SuperGroup sales surge as youth spending stays strong May 11, 2010 YOUTH fashion retailer SuperGroup, which floated on the London Stock Exchange in March, saw sales soar by 83 per cent to £139m in the year to 2 May. The company, whose Superdry brand is sported by celebrities including David Beckham, said it expected to make a pre-tax profit of at least £25.7m. SuperGroup has 43 [...]
LSE welcomes £900m flood of new floats March 24, 2010 FOUR separate companies raised a total of over £900m yesterday as they floated on the London Stock Exchange, the best day for listings in the City since May 2008. African Barrick Gold (ABG) raised £581m as it came to the market at 575p per share – the largest initial public offering on the LSE in [...]
SuperGroup flotation to value company at £395m March 12, 2010 FASHION retailer SuperGroup has said it will go ahead with its stock market listing and expects to receive a valuation of £395m. The company – which has the Superdry brand sported by celebrities including David Beckham – has valued its shares at £5 each The firm’s share offer comprises a private placement to institutional investors [...]
Supergroup will go ahead with float February 28, 2010 SUPERGROUP insists its flotation later this month will go ahead despite the torrid times experienced by other firms planning IPOs this year. The owner of Superdry and Cult Clothing brands will only achieve the lower end of its initial valuation, according to analysts, however. The company hopes to raise £125m through the offering, valuing the [...]
SuperGroup in £125m flotation plan February 15, 2010 FASHION company SuperGroup is is set to launch a £125m stock market flotation. The move comes after a series of other companies, including fellow fashion retailer New Look, decided to shelve their planned initial public offerings (IPOs) last week. SuperGroup owns the Superdry brand sported by celebrities such as David Beckham and High School Musical [...]
Promethean set for £500m IPO despite investor fears February 15, 2010 EDUCATIONAL technology company Promethean will defy choppy markets to announce its intention to list on the stock exchange at a valuation of up to £500m this morning. The Blackburn-headquartered maker of electronic whiteboards for classrooms is likely to sell 50 per cent of its equity in the March flotation. Apax Partners, the private equity firm [...]
Superdry set to smash its way into FTSE 250 November 15, 2009 Supergroup, the fashion retailer behind the Superdry brand best known for its urban style and for gracing David Beckham’s body, is set to strut its way into the FTSE 250 next year with a stock market listing valuing the business at £400m. The retailer has hired City broker Seymour Pierce to advise on the float, [...]