SuperGroup news and archive

Superdry names former Nike exec as creative director

Fashion brand Superdry has named former Nike executive, Phil Dickinson, as its new creative director. In a statement, Superdry said that Dickinson, who joins the retailer today, January 22, will be in charge of product design and “driving the wider creative direction of the brand”. The industry veteran, has "deep experience of brand, product,...

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Superdry revenues increase 16 percent in FY18

Superdry global brand revenue increased by 22.1 percent to 1.604 billion pounds (2,172.9 million dollars) in FY18, driven by growth achieved in all key territories. Group revenue growth of 16 percent, the company said, was driven by the continued strong progress in Superdry’s capital light channels, wholesale and ecommerce delivered sales growth...

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Julian Dunkerton, Superdry co-founder, to exit company

London - Julian Dunkerton, the co-founder of fashion retailer Superdry, is set to exit the company in order to spend more time on his "other business and charitable interests." Dunkerton, who was Chief Executive at Superdry until 2014, informed the Board that he wishes to leave the retail chain, which is part of SuperGroup, and will be stepping...

People

Superdry announces two non-executive directors

Superdry has appointed Dennis Millard as a senior independent director and John Smith as a non-executive director, with effect from February 1, 2018. Millard, who is currently the chairman of Halfords and deputy chairman and senior independent director of Pets at Home, will sit on the Nomination and Remuneration Committees while Smith, who was...

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SuperGroup reports 25.2 percent revenues growth in H1

For the 26 weeks to October 28, 2017, SuperGroup, owner of the Superdry brand said that global brand revenue increased by 25.2 percent to 756.3 million pounds (994 million dollars), benefitting from continued strong growth across all channels. Reported group revenues increased by 20.4 percent in the half to 402 million pounds (528 million...

Retail

SuperGroup to expand Superdry Sport with dedicated stores

SuperGroup, the parent company of Superdry, have announced plans to expand Superdry Sport by introducing 'shop-in-shops' in some of their larger stores later this year. The company noted in their impressive final year results, that Superdry Sport ‘remains a natural evolution for the brand’, adding that the ‘ath-leisure element of [their] range...

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SuperGroup to expand Superdry Sport with dedicated stores

SuperGroup plc, the parent company of Superdry have announced plans to expand Superdry Sport by introducing “shop-in-shops” in some of their larger stores later this year. The company noted in their impressive final year results, that Superdry Sport ‘remains a natural evolution for the brand’, adding that the ‘ath-leisure element of [their]...

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SuperGroup announces annual results early after employee theft

Citing theft from an employee of the company’s documents, SuperGroup, the owner of the Superdry brand, had to release the the company’s annual preliminary results ahead of its scheduled release date. The company said that revenues for the period ended April 29, 2017 rose 27.4 percent to 752 million pounds (978 million dollars), with retail...

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Management

SuperGroup FY17 revenues increase 27.2 percent

SuperGroup revenues for the full year increased by 27.2 percent to 750.6 million pounds (971 million dollars). As reported at the half- year results, the company said that the brand’s global footprint has led to revenues benefitting from sterling’s weakness. The company added that full year like-for-like growth of 12.7 percent benefitted from...

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SuperGroup H1 revenues 31.1 percent ahead of last year

SuperGroup in its interim results for the 26 weeks ended October 29, 2016 said that group revenue increased by 79.3 million pounds (97 million dollars) to 334 million pounds (410 million dollars), representing an increase of 31.1 percent, on the same period last year, which the company said, was driven by strong performances in each of channels...

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SuperGroup posts 31.1 percent revenue growth in H1

SuperGroup revenues for the half year increased by 31.1 percent to 334 million pounds (414 million dollars). The company said, buoyant results reflected the brand's global footprint, benefits from sterling's weakness with the impact of currency changes accounting for approximately one third of the reported growth in each of the Group's operating...

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SuperGroup annual profit shoots, announces special dividend

On a comparable 52-week basis, revenues at SuperGroup were up 21.3 percent to 590.1 million pounds (789.1 million dollars) and underlying gross margin increased 60 basis points to 61.5 percent. Underlying profit before tax rose 16.3 percent to 73.5 million pounds (98.4 million dollars), while underlying basic earnings per share increased 21.8...