Investments and investor services
FTSE 100 closes lower as UK Prime Minister pulls plug on key Brexit vote
The UK premier index finished down around 56 points at 6,721 on Monday
Company
Superdry PLC
LON:SDRY
SuperDry (previously SuperGroup PLC) is a distinctive branded UK fashion retailer offering quality clothing and accessories. It operates a multi-channel business through a combination of Cult and Superdry standalone stores, Superdry concessions, e-Commerce and its UK and International Wholesale operations. The business was founded in 1985 and has since been developed to design and sell a wide range of premium men’s and women’s clothing under its flagship brand, Superdry, together with other own brands and a number of third-party products which are sold in its Cult stores. Superdry offers an international brand proposition targeted at discerning customers who are looking for stylish clothing that is uniquely designed and well made. SuperGroup currently has 59 standalone Cult and Superdry retail stores, 69 concessions and a large number of Wholesale relationships. Superdry is sold in approximately 70 countries worldwide via its websites, and in 36 overseas countries through a well established network of distributors, licensees,agents and franchisees.
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All eyes on UK parliament as Brexit deal circus reaches final act
Aside from the crucial Brexit vote, the Week Ahead will also bring UK labour market data, an ECB council meetings and updates from TUI, WPP, Dixons Carphone, Superdry, Ocado and BAT
Superdry struggles to lift store sales amid high street downturn
Sales at SuperDry stores dropped 2.3% as high street retailers come under pressure from falling footfall
Investments and investor services
J Sainsbury and retailers to be among highlights amid busy Thursday schedule
Sainsbury, Superdry and Burberry are among the names in the diary for Thursday.
Debenhams to unveil turnaround plans to spark revival in its fortunes
Debenhams could scrap the dividend and announce a wave of store closures as it seeks to turn the business around
SuperDry co-founder could return to the company - media reports
Dunkerton said he believes SuperDry is on the “completely wrong path” after “probably the most disastrous eight months you could imagine”
ASOS: The high street killer
If video killed the radio star, ASOS, with a little help from its online peers, is killing off the high street
Department stores aren’t dead: Why Mike Ashley can turn House of Fraser around
A number of companies that operate concessions inside big UK department stores have issued profit warnings of late, so is there still a place on the high street for House of Fraser, Debenhams and co?
Superdry warns hot weather, FX costs will hurt full-year results
Lower demand for sweats and jackets during unseasonably hot weatherwill likely reduce full-year profit by £10mln
Investments and investor services
FTSE 100 closes positively as PM Theresa May says gov't is working towards a good Brexit deal
Britain's blue-chip benchmark finished up around 31 points at 7,029
House of Fraser suppliers stand to lose millions of pounds from retailer's collapse
HoF owes its suppliers £484mln, according to documents from administrators EY
FTSE 100 closes higher as hopes grow for US, China trade talks
FTSE 100 closed ahead as the new trading week began, but off the 7,600 level, adding over 32 points to 7,591
Superdry shares plunge as co-founder Julian Dunkerton sells stake
Liberum said the decision by the Superdry co-founder to sell the stake potentially raises the question of what he thinks of the value of the share price
Superdry shares rise as Deutsche Bank upgrades it to ‘buy’ from ‘hold’
“We believe now is an attractive entry point into a story with self-help opportunities, margin expansion potential and strong cash generation,” the analysts said
Superdry announces special dividend as it bucks the trend with strong sales and profits
"Whilst the consumer environment continues to be challenging, the board remain confident that Superdry is a uniquely advantaged...," said Superdry CEO Euan Sutherland
Investments and investor services
FTSE 100 closes higher as fears ease on trade; Wall Street gains
FTES 100 was up 38 points to 7,611 in early afternoon trading
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Bovis Homes and Persimmon both have some repair work to do
Homes - built by Bovis and Persimmon and listed for sale by Purplebricks - will be in focus on Thursday, as will clothes sold by Primark and SuperDry.
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Housebuilders and retailers take centre stage as slew of firms release latest results
The week ahead will see quarterly results from Sainsbury's and AB Foods, trading updates from Bovis Homes and Persimmon, and full year earnings from SuperDry
Superdry shares rise as Liberum upgrades its rating to ‘buy’ from ‘hold’
In a note to clients, analysts at Liberum said the share price fall offers better value
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