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

14 Sep 2010 07:00

RNS Number : 6075S
SuperGroup PLC
14 September 2010
 



September 14, 2010

 

SuperGroup Plc

 

Interim Management Statement

 

 

SuperGroup Plc ('SuperGroup' or 'the Group'), owner of the Superdry brand and one of the fastest growing international retailers and wholesalers of youth clothing, today provides a quarterly trading statement for the three months to 1 August, 2010.

 

·; Total Group sales up 59.8 % to £32.8 million (2009: £20.5 million)

 

·; Retail sales up 62.7 % to £22.3 million (2009: £13.7 million), driven by the ongoing successful roll-out in the UK;

·; Wholesale sales up 53.9 % to £10.5 m (2009: £6.8 million), due to growing success and expansion of the brand internationally.

 

During the three month period there were five UK store openings, including the largest to date at Lakeside in Essex. This brought the Group's UK standalone store-count to 47, while it traded from 56 concessions. Since the end of the quarter, two further UK stores have opened, together with eight concessions, seven being women's. The store opening programme is on track and further UK stores are scheduled to open before Christmas, including a 15,000 sq ft store at Glasgow's St Enoch Centre.

 

The wholesale business currently trades in the UK and 33 countries internationally. Since the year end, six further franchise stores have opened across Europe, with three in Belgium, one in France and two in Germany. SuperGroup's first franchise store in the Middle East will open shortly in Dubai and the first of a series of department store concessions has opened in Taiwan. A further two franchises will open in the USA (Los Angeles and San Francisco).

 

Group trading is where it should be at this stage and is on track to deliver another successful year.

 

 

Julian Dunkerton, Chief Executive Officer, commented:

 

'We have made significant progress in the period and demand for our product, both in the UK and abroad, continues to be strong. Our new store design is proving to be a great success, reflected by the strong performance of recent UK store openings such as Lakeside, and we look forward to opening further womenswear concessions before the busy Christmas trading period. In addition, our international store opening programme is continuing apace and we are delighted to be launching into many new territories around the world.'

 

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
 
 
IMSKKNDBABKDCCD
Date   Source Headline
14th Dec 20164:29 pmRNSDirector/PDMR Shareholding
30th Nov 20169:00 amRNSTotal Voting Rights
17th Nov 201612:13 pmRNSDirector/PDMR Shareholding
17th Nov 201611:30 amRNSCorrection - Director/PDMR Announcement 15/9/2016
10th Nov 20167:00 amRNSPre-close Trading Statement
31st Oct 201610:00 amRNSTotal Voting Rights
25th Oct 201611:29 amRNSDirector/PDMR Shareholding
17th Oct 20163:12 pmRNSDirector/PDMR Shareholding
11th Oct 20163:07 pmRNSHolding(s) in Company
10th Oct 20162:17 pmRNSHolding(s) in Company
30th Sep 201610:00 amRNSTotal Voting Rights
29th Sep 20167:00 amRNSCapital Markets Day
23rd Sep 201610:00 amRNSBlock listing Interim Review
15th Sep 20161:11 pmRNSDirector/PDMR Shareholding
14th Sep 201612:39 pmRNSResult of AGM
1st Sep 20165:03 pmRNSHolding(s) in Company
31st Aug 20169:34 amRNSTotal Voting Rights
25th Aug 20161:45 pmRNSHolding(s) in Company
18th Aug 20165:03 pmRNSDirector/PDMR Shareholding
18th Aug 20164:58 pmRNSDirector/PDMR Shareholding
18th Aug 20164:56 pmRNSDirector/PDMR Shareholding
18th Aug 20164:51 pmRNSDirector/PDMR Shareholding
18th Aug 20161:21 pmRNSHolding(s) in Company
12th Aug 201610:59 amRNSAnnual Report and Notice of AGM
9th Aug 20163:49 pmRNSDirector/PDMR Shareholding
5th Aug 20168:00 amRNSBlock Listing Application
14th Jul 20167:00 amRNSNon-Executive Director Appointment
14th Jul 20167:00 amRNSFinal Results
7th Jul 20163:58 pmRNSHolding(s) in Company
31st May 201610:15 amRNSTotal Voting Rights
27th May 20163:13 pmRNSHolding(s) in Company
12th May 20167:00 amRNSDirectorate Change
12th May 20167:00 amRNSYear-end Trading Update
29th Apr 20162:00 pmRNSTotal Voting Rights
14th Apr 20163:15 pmRNSHolding(s) in Company
31st Mar 201612:26 pmRNSTotal Voting Rights
23rd Mar 201611:09 amRNSBlocklisting Interim Review
15th Mar 20169:00 amRNSDirector Declaration
29th Feb 20163:51 pmRNSTotal Voting Rights
29th Feb 20163:49 pmRNSHolding(s) in Company
16th Feb 201610:14 amRNSHolding(s) in Company
12th Feb 20168:03 amRNSCompletion of Secondary Placing
11th Feb 20164:45 pmRNSProposed secondary placing of ordinary shares
9th Feb 201610:50 amRNSDirector/PDMR Shareholding
9th Feb 20169:30 amRNSDirector Declaration
29th Jan 201611:35 amRNSTotal Voting Rights
14th Jan 20167:05 amRNSNon-executive directorate change
14th Jan 20167:00 amRNSTrading update
31st Dec 201510:06 amRNSTotal Voting Rights
16th Dec 20157:00 amRNSHalf Yearly Report

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.