Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSDRY.L Regulatory News (SDRY)

  • There is currently no data for SDRY

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
14th Feb 202011:58 amRNSDirector/PDMR Shareholding
31st Jan 20203:42 pmRNSTotal Voting Rights
28th Jan 20202:25 pmRNSDirector Declaration
28th Jan 20209:18 amRNSDirector/PDMR Shareholding
20th Jan 20203:35 pmRNSDirector/PDMR Shareholding
14th Jan 20209:40 amRNSDirector/PDMR Shareholding
10th Jan 20207:00 amRNSTrading Statement
31st Dec 201912:23 pmRNSTotal Voting Rights
23rd Dec 20193:57 pmRNSHolding(s) in Company
19th Dec 20199:51 amRNSDirector/PDMR Shareholding
16th Dec 201911:13 amRNSDirector/PDMR Shareholding
12th Dec 20197:00 amRNSHalf-year Report
29th Nov 20199:51 amRNSTotal Voting Rights
15th Nov 201911:00 amRNSDirector/PDMR Shareholding
14th Nov 201910:45 amRNSHolding(s) in Company
7th Nov 20197:00 amRNSPre-Close Trading Statement
31st Oct 201910:26 amRNSTotal Voting Rights
28th Oct 201911:32 amRNSDirector Declaration
18th Oct 20199:02 amRNSHolding(s) in Company
15th Oct 20199:37 amRNSDirector/PDMR Shareholding
14th Oct 20197:00 amRNSStatement re Chief Executive Officer
30th Sep 20199:10 amRNSTotal Voting Rights
25th Sep 201911:15 amRNSDirector/PDMR Shareholding
25th Sep 201911:14 amRNSDirector/PDMR Shareholding
24th Sep 201910:10 amRNSDirector/PDMR Shareholding
24th Sep 20199:41 amRNSHolding(s) in Company
23rd Sep 20199:09 amRNSBlock listing Interim Review
16th Sep 201911:03 amRNSDirector/PDMR Shareholding
11th Sep 20191:17 pmRNSResult of AGM
30th Aug 201911:34 amRNSTotal Voting Rights
16th Aug 20199:54 amRNSDirector Declaration
16th Aug 20199:43 amRNSDirector/PDMR Shareholding
15th Aug 20199:33 amRNSDirector/PDMR Shareholding
13th Aug 201911:07 amRNSStatement re Chief Financial Officer
13th Aug 20199:07 amRNSStatement re Appointment of Corporate Broker
9th Aug 20199:52 amRNSAnnual Report and Notice of AGM
7th Aug 201910:27 amRNSDirector/PDMR Shareholding
31st Jul 201911:16 amRNSTotal Voting Rights
26th Jul 20197:00 amRNSNon-Executive Director Appointments
17th Jul 20199:59 amRNSHolding(s) in Company
16th Jul 20191:23 pmRNSDirector/PDMR Shareholding
15th Jul 20193:51 pmRNSDirector/PDMR Shareholding
10th Jul 201912:25 pmRNSFinal Dividend Record Date Correction
10th Jul 20197:00 amRNSFinal Results
4th Jul 20197:00 amRNSDirectorate Change
28th Jun 201911:10 amRNSTotal Voting Rights
27th Jun 20197:00 amRNSNotice of Preliminary Results
14th Jun 20197:59 amRNSDirector/PDMR Shareholding
4th Jun 201912:27 pmRNSDirector Declaration
3rd Jun 201912:26 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.