SuperGroup’s share price jumps after brand beats revenue expectations July 9, 2015 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 June 24, 2015 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 [...]
Superdry label owner closes year in style May 6, 2015 SHARES in Supergroup surged 7.4 per cent yesterday after the owner of the Superdry fashion brand posted a strong finish to the year and said it was still on track to meet its profit forecasts. The retailer said group sales rose by 18.4 per cent to £134.8m in the 15 weeks to 25 April. Like-for-like [...]
Best of the Brokers for 29 April 2015 April 28, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com SUPERGROUP Berenberg has chosen Supergroup as its top pick in the retail sector and commended the owner of the Superdry brand for its transition from “a business with significant potential to one which is starting to deliver”. The broker reiterated its “buy” rating [...]
Sutherland snaps up SuperGroup shares March 31, 2015 FORMER Co-operative Group chief executive – and current SuperGroup boss – Euan Sutherland (insert) yesterday announced he was buying just over £99,000 worth of shares in the Superdry owner at 980.50p a share. He now holds 11,613 shares. Analysts have enthused about the clothes retailer. Analysts at RBC Capital upgraded shares of SuperGroup to a [...]
Supergroup share price surges as Idris Elba takes centre stage March 26, 2015 SUPERGROUP, the maker of Superdry clothing, is roping in potential future Bond Idris Elba to help grow its business. The star of The Wire will collaborate on designing a premium fashion range for Superdry, the retailer revealed among a host of plans, which sent shares surging 6.2 per cent yesterday. In addition to the range [...]
Supergroup’s share price surges as new strategy includes an Idris Elba designed fashion range and 2016 dividend March 26, 2015 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 [...]
Bankrupt chief of finance quits Superdry owner February 25, 2015 SUPERGROUP’S finance chief Shaun Wills left his £475,000 job yesterday after admitting to the company that he had been declared personally bankrupt. Wills, a chartered accountant who joined the owner of the Superdry fashion brand in 2012, is understood to have been caught in a row with HM Revenue & Customs over an unpaid tax [...]
After the record high FTSE falls on Weir warning – London Report February 25, 2015 THE FTSE 100 yesterday retreated from the previous session’s record high, with engineer Weir Group leading the market lower after warning about a significant drop in its revenue in the current year. The blue chip index closed down 14.25 points, or 0.2 per cent at 6,935.38 points after setting a new record high of 6,958.89 [...]
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 [...]