Company
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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In a pre-close trading statement, the FTSE 250-listed firm said its store sales fell by 6% to £86.1mln in the 16 weeks to 28 April 2018 , compared to £91.6mln a year earlier
Investments and investor services
The blue-chip index closed around 38 points higher at 7,700
Investments and investor services
Thursday is set to be a busy one for corporate results with the likes of BT Group, Barratt Developments, Next and Supergroup among the day's highlights.
The FTSE 250-listed firm said Nick Wharton will remain a director of the company and Superdry’s chief financial officer until July 16
The FTSE 250 fashion retailer said Dunkerton would step down as a director from 31 March 2018, adding he was resigning to devote more time to his other businesses and charitable interests
Its clothes may be worn predominantly by thirty-something men unaware they are no longer teenagers, but Cazenove reckons it combines "elements of classic and streetwear"
Shares fell as investors took gains after a three-month rally
