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 [...]
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. [...]
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 gets ready for a hot autumn with “broadest and best range of jackets” September 4, 2014 SuperGroup boss Julian Dunkerton declared yesterday that sales were back in shape after the colder weather and the approach of autumn drove customers back into its stores. The owner of the Superdry fashion brand posted a 3.7 per cent decline in like-for-like sales in the first quarter of the year to 27 July after facing [...]
SuperGroup share price rises 4.2 pc as revenues jump September 4, 2014 SuperGroup shares opened 4.2 per cent higher this morning, after it reported a strong start to the year, with total revenues up 15.9 per cent, and both wholesale and retail divisions up by double-digits. The business, which owns the SuperDry brand, recorded group revenues of £87m for the three months to July 26, up [...]
SuperGroup reports super profit of £62m July 10, 2014 Superdry clothes chain owner SuperGroup is gunning for further overseas expansion, its chief executive said yesterday, after reporting profits had soared nearly 19 per cent during the last year. The group’s revenues rocketed 19.6 per cent to £430.9m with profits reaching £62m during the twelve months to 26 April. “We have delivered a solid performance [...]
Male model Oliver Cheshire has the best job in the world June 23, 2014 For Oliver Cheshire, London Collections: Men means the chance to brush shoulders with his heroes. “It was my first ever Hackett show. I was really excited because I love Hackett, but when I got there someone was in my seat. The person turned around and it was Samuel L Jackson. The girls with the clipboards [...]
5 retailers who’ve suffered warehouse woes June 23, 2014 Retailers have had their fair share of misadventures with their warehouses in recent years. The fire at Asos’ distribution centre in Yorkshire is the second time the retailer has suffered damage to one of its warehouses. An explosion at the Buncefield oil depot near to its former site in Hemel Hempstead in 2005 [...]