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(Adds detail, shares) LONDON, March 26 (Reuters) - SuperGroup, the British company behind the Superdry fashion brand, has gained the exclusive rights to distribute its products in the U.S., Canada and Mexico, terminating the existing U.S. licence by paying 22.3 million pounds ($33 million).
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UK stocks are expected to open in negative territory on Thursday morning, tracking declines in the US and Asia overnight. City sources predict the FTSE 100 will open 45 points lower than Wednesday's close of 6,990.97. US markets suffered sharp declines on Wednesday as economic data continued to dis
Read moreLONDON, March 26 (Reuters) - SuperGroup, the British company behind the Superdry fashion brand, said on Thursday it would start paying dividends with an interim payout in its 2015-16 financial year. In a strategy update the firm, whose trademark jackets, hooded tops, check shirts and joggin
Read moreAs well as reiterated recent profit guidance, Supergroup chief executive Euan Sutherland has unveiled a new strategy for the company that includes a first dividend in 2016 and the surprise repurchase of its North American rights. The FTSE 250 company, which is best known for its Japan-inspired Super
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