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
15th Sep 20174:54 pmRNSDirector/PDMR Shareholding
12th Sep 20171:16 pmRNSResult of AGM
12th Sep 201712:00 pmRNSFounder Share Plan
8th Sep 20175:36 pmRNSHolding(s) in Company
1st Sep 20174:47 pmRNSHolding(s) in Company
31st Aug 20172:50 pmRNSTotal Voting Rights
21st Aug 20171:41 pmRNSDirector/PDMR Shareholding
17th Aug 20179:43 amRNSHolding(s) in Company
16th Aug 20171:33 pmRNSDirector/PDMR Shareholding
15th Aug 20172:32 pmRNSDirector/PDMR Shareholding
15th Aug 20171:03 pmRNSHolding(s) in Company
10th Aug 201710:44 amRNSAnnual Report and Notice of AGM
31st Jul 201712:40 pmRNSTotal Voting Rights
25th Jul 20175:11 pmRNSDirector/PDMR Shareholding
25th Jul 20174:25 pmRNSDirector/PDMR Shareholding
14th Jul 20171:58 pmRNSDirector/PDMR Shareholding
10th Jul 20174:06 pmRNSHolding(s) in Company
3rd Jul 20177:00 amRNSDirectorate Change
3rd Jul 20177:00 amRNSFinal Results
30th Jun 20172:13 pmRNSTotal Voting Rights
29th Jun 20173:15 pmRNSConfirmation of full year results
15th Jun 20173:53 pmRNSDirector/PDMR Shareholding
6th Jun 20174:55 pmRNSHolding(s) in Company
31st May 20178:54 amRNSTotal Voting Rights
26th May 201710:03 amRNSDirector Declaration
17th May 20173:32 pmRNSDirector/PDMR Shareholding
11th May 20177:00 amRNSFull Year Pre-Close Trading Statement
28th Apr 20173:12 pmRNSTotal Voting Rights
26th Apr 20172:18 pmRNSDirector/PDMR Shareholding
20th Apr 20172:13 pmRNSDirector/PDMR Shareholding
19th Apr 20174:49 pmRNSDirector/PDMR Shareholding
12th Apr 20173:19 pmRNSDirector/PDMR Shareholding
31st Mar 20173:47 pmRNSTotal Voting Rights
24th Mar 20179:58 amRNSAudit Tender Process
23rd Mar 201710:00 amRNSBlock listing Interim Review
15th Mar 201712:47 pmRNSDirector/PDMR Shareholding
28th Feb 20171:50 pmRNSDirector/PDMR Shareholding
28th Feb 20179:27 amRNSTotal Voting Rights
22nd Feb 20174:37 pmRNSDirector/PDMR Shareholding
14th Feb 201712:50 pmRNSDirector/PDMR Shareholding
6th Feb 201712:10 pmRNSDirector/PDMR Shareholding
31st Jan 201710:54 amRNSTotal Voting Rights
20th Jan 20173:25 pmRNSHolding(s) in Company
20th Jan 20173:21 pmRNSDirector/PDMR Shareholding
16th Jan 20172:26 pmRNSDirector/PDMR Shareholding
12th Jan 20177:00 amRNSHalf-year Report
30th Dec 201610:20 amRNSTotal Voting Rights
19th Dec 201610:40 amRNSHolding(s) in Company
16th Dec 201611:12 amRNSHolding(s) in Company
14th Dec 20164:30 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.