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Interim Management Statement

10 Nov 2010 07:00

RNS Number : 9099V
SuperGroup PLC
10 November 2010
 



November 10, 2010

 

SuperGroup Plc

 

Quarterly Trading Update

 

 

SuperGroup Plc ('SuperGroup' or 'the Group'), Superdry brand owner, UK and internet retailer and one of the fastest growing international branded clothing companies, today provides a quarterly trading statement for the three months to 31 October, 2010.

 

·; Total Group sales up 68.4 % to £57.5 million (2009: £34.1 million);

 

·; Retail sales up 78.6 % to £32.1 million (2009: £18.0 million), driven by the ongoing successful roll-out in the UK;

·; Wholesale sales up 57.0 % to £25.4 million (2009: £16.2 million), due to growing success and expansion of the brand internationally.

 

This brings the Group's sales for the first six months of the year, ending on the same date, to:

 

·; Total Group sales up 65.1 % to £90.3 million (2009: £54.7 million);

 

·; Retail sales up 71.7 % to £54.4 million (2009: £31.7 million), driven by the ongoing successful roll-out in the UK;

·; Wholesale sales up 56.1 % to £35.9 million (2009: £23.0 million), due to growing success and expansion of the brand internationally.

 

SuperGroup's UK store roll-out continues apace, with eight opening during the quarter. These included stores in Bournemouth, Peterborough and Solihull and a Superdry re-site in Norwich. The Group opened its first City of London store at the high profile One New Change retail development, bringing the Group's UK standalone store-count to 55. Further standalone stores are scheduled to open before Christmas, including Superdry stores at the Trafford Centre in Manchester and Westfield Centre in London and a 15,000 sq ft Cult store at St Enoch's in Glasgow.

 

Over the same period the Group opened a further 13 concessions, taking the total to 69, which include 22 womenswear only.

 

In wholesale, 14 further franchise stores have opened in the same period, including four in both France and Belgium, two in the USA (Los Angeles and San Francisco) and others in Sydney, Dubai and Seoul. A further Belgian and two French stores are due to open before the end of 2010, while the roll-out will continue with further stores in Australia, the United Arab Emirates, Korea and the USA opening in the next few months.

 

 

Julian Dunkerton, Chief Executive Officer, commented:

 

'These figures really demonstrate the solid progress we are making as a brand and as a retail company. The Autumn range has been well received by the public and our roll-out is on track both in the UK and internationally.'

 

SuperGroup Plc intends to issue its results for the six month period ended 31 October on Wednesday 15 December 2010.

 

 

For further information:

 

SuperGroup

Matthew Barnett Tel: +44 (0) 1242 588187

 

M:Communications

Ann-marie Wilkinson / George Briscoe Tel: +44 (0) 20 7920 2330

 

Seymour Pierce

Nicola Marrin (Corporate Finance) Tel: +44 (0) 20 7107 8000

Richard Redmayne (Corporate Broking)

John Johnston (Institutional Sales)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSKKCDKFBDDDDK
Date   Source Headline
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2nd Apr 202411:27 amRNSForm 8.5 (EPT/RI)
2nd Apr 20249:00 amEQSSuperdry plc: Total Voting Rights
28th Mar 20245:24 pmEQSSuperdry plc: Director Change Update
28th Mar 20244:38 pmEQSSuperdry plc: Response to announcement by Julian Dunkerton
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27th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
27th Mar 20248:47 amRNSForm 8.5 (EPT/RI)
27th Mar 20248:21 amEQSForm 8.3 - Superdry plc:
26th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
26th Mar 20248:41 amRNSForm 8.5 (EPT/RI)
26th Mar 20247:00 amRNSForm 8.3 - Superdry Plc
25th Mar 20244:00 pmEQSForm 8.3 - Superdry plc: RET-Form 8.3
25th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
25th Mar 202411:45 amEQSForm 8.3 - Superdry plc: RET-Form 8.3
25th Mar 20248:39 amRNSForm 8.5 (EPT/RI)
22nd Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
22nd Mar 20248:46 amRNSForm 8.5 (EPT/RI)
22nd Mar 20248:16 amRNSForm 8.3 - Superdry Plc
21st Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
21st Mar 20248:50 amRNSForm 8.5 (EPT/RI)
20th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
19th Mar 20245:11 pmEQSForm 8.3 - Superdry plc: Form 8.3
19th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
19th Mar 20248:36 amRNSForm 8.5 (EPT/RI)
19th Mar 20248:30 amRNSForm 8.3 - Superdry Plc
18th Mar 20243:20 pmRNSForm 8.3 - Superdry plc
18th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
18th Mar 20249:04 amRNSForm 8.5 (EPT/RI)
15th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
15th Mar 202411:27 amEQSSuperdry plc: Director/PDMR Shareholding
15th Mar 20249:56 amEQSForm 8.3 - Superdry plc: Form 8.3
15th Mar 20248:56 amRNSForm 8.5 (EPT/RI)
14th Mar 202412:08 pmEQSSuperdry plc: Rule 2.9 Announcement
14th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
14th Mar 20249:19 amRNSForm 8.5 (EPT/RI)
14th Mar 20248:23 amRNSForm 8.3 - Superdry Plc
13th Mar 202412:00 pmRNSForm 8.5 (EPT/RI) - Superdry Plc
13th Mar 202410:28 amRNSForm 8.5 (EPT/RI)
13th Mar 20248:55 amRNSForm 8.3 - Superdry Plc

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