×
164
Fashion Jobs
HR CAPITAL CONSULTING
General Manager Operations- Garment Export
Permanent · National Capital Region
THE GLOBAL ZONE HR SERVICES
Production Manager/ Manufacturing/ Engineering/ Engineer/ Production
Permanent · National Capital Region
ADD UR CO LLP
Production Manager
Permanent · Chennai
ADD UR CO LLP
Logistics Manager
Permanent · Chennai
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
LEVI'S
Technical Product Manager
Permanent · Bengaluru
By
Reuters
Published
Jul 15, 2010
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

SuperGroup year profit quadruples

By
Reuters
Published
Jul 15, 2010

LONDON, July 15 (Reuters) - SuperGroup (SGP.L), owner of the Superdry fashion brand worn by celebrities such as David Beckham and Zac Efron, beat forecasts as year profit more than quadrupled and said the 2010-11 year had started well.

SuperGroup, Superdry


"There is huge potential for this business both in the UK and internationally and, with a strong growth strategy, we are confident of achieving another successful year," Chief Executive Julian Dunkerton said on Thursday.

The retailer and wholesaler, whose shares have increased 60 percent since it floated in March, made an underlying pretax profit of 26.5 million pounds ($40.27 million) in the year to May 2.

That compares with analysts' consensus forecast of 25.9 million pounds, according to Thomson Reuters I/B/E/S, and 7.9 million pounds made in 2008-09.

The outcome was driven by its ongoing store roll-out and buoyant sales both in the UK and overseas.

SuperGroup, which trades from 45 stand-alone Superdry and Cult stores in the UK, 56 concessions in House of Fraser department stores and has a wholesale business in 36 countries, said sales jumped 83.1 percent to 139.4 million pounds.

Retail sales increased 75 percent to 85 million pounds, with sales at stores open over a year up 17 percent. Wholesale sales doubled to 54 million pounds.

The firm has a 20 stores a year opening programme and sees scope for 150 Superdry and Cult stores in Britain and Ireland. It is also targeting womenswear and the internet to drive growth.

Shares in SuperGroup, which listed at 500 pence, closed Wednesday at 800 pence, valuing the business at 633 million pounds.

(Reporting by James Davey, editing by Kate Holton)

© Thomson Reuters 2022 All rights reserved.