Supergroup strikes new deal to expand its presence into Asia July 22, 2013 SUPERGROUP, the FTSE 250 company behind the Superdry fashion label, announced yesterday that it has struck a new partnership deal to expand its presence into Asia. The company said it has signed a 10-year distribution agreement with FJ Benjamin, a luxury retailer in south east Asia, to grow the Superdry brand in Malaysia and Singapore. [...]
Supergroup shares leap on festive sales boost February 7, 2013 SUPERGROUP chief executive Julian Dunkerton said improvements made to its product range and a better organized company helped drive a double-digit growth in sales over the third quarter and place it firmly among the Christmas winners. Shares leapt nearly 10 per cent yesterday as the Superdry owner, which was plagued by a string of setbacks [...]
Action, culture, and food on the Cornish coastline January 20, 2013 THERE ARE some things that, on visiting Cornwall, just have to be done. Eat a Cornish pasty? It would be rude not to. Wolf down a calorie-laden afternoon tea of scones with jam and clotted cream? Why, yes. Stand gazing at the sky from a golden beach and say: “The light is so amazing here?” [...]
Supergroup’s sales warm up from the cold December 12, 2012 SUPERGROUP said the colder weather helped to boost sales of its trademark coats and hoodies in the run-up to Christmas, despite reporting a near one-third drop in half-year profit that sent its shares tumbling yesterday. The Superdry owner posted a pre-tax profit of £13.9m in the six months to 28 October, down 31 per cent [...]
Watch out for shrinking margins December 12, 2012 OPTIMISTIC words from SuperGroup’s chief executive and co-founder Julian Dunkerton couldn’t stop yesterday’s interim results from sending the owner of the Superdry clothing brand down by almost seven per cent. The market’s reaction may seem harsh. A profit warning this April, blamed on bad arithmetic, knocked the share price down by nearly 40 per cent, [...]
FTSE 100 edges up on US stimulus hopes December 12, 2012 The blue chip index ticked slightly higher in early deals this morning, staying above the important 5,900 level, underpinned by expectations of more stimulus measures from the Federal Reserve at a meeting later today. Anglo American pushed up the index in early trading. The miner added more than 1.5 per cent on the back of [...]
Profit edges up at SuperGroup December 12, 2012 SuperGroup, the owner of the Superdry fashion brand, this morning posted a 13 per cent rise in first-half profit, shrugging off a series of profit warnings in the previous year. Underlying pre-tax profit came in at £14.7m over the six months to October, edging up from the £13m it posted made over the same period [...]
Cold weather heats up tills at Supergroup November 8, 2012 SUPERGROUP has seen sales jump in the second quarter of the year as colder weather boosted sales of coats and hoodies from its Superdry label. Chief executive Julian Dunkerton said: “When it dropped three or four degrees in one day…you are selling more of your heavy knits and jackets and you get more of a [...]
SuperGroup is latest Brit firm facing rebellion September 16, 2012 SUPERGROUP directors face the possibility of a shareholder rebellion at this week’s annual meeting after advisory bodies criticised the fashion retailer’s plans for executive pay. Both PIRC and the Association of British Insurers (ABI) last week raised objections to SuperGroup’s remuneration report, which if passed will see new chief operating officer Susanne Given receive shares [...]
Trend-bucking sales increase at SuperGroup September 11, 2012 RETAILER SuperGroup yesterday posted a 10 per cent rise in sales, bucking the downward trend on the UK high street. Sales across the group, which owns the Superdry fashion brand, were up to £59.7m in the quarter to 29 July, despite an unseasonably wet summer. Total UK sales over the first quarter were £40.2m, a [...]