Skip navigation

Gloucestershire Business News

Superdry’s sales continue to soar

Sales at Cheltenham-based fashion retailer, Superdry, are continuing their dramatic rise.

Half-yearly figures for the 26 weeks to 28th October show revenues soared by just over 20 per cent to £402 million, while global brand revenues rose 25.2 per cent to £756.3 million.

Ecommerce sales were up by nearly a third (31.6 per cent) to £61.2 million. Retail revenues continued to perform well, rising 12.8 per cent to £242.7 million, while wholesale revenues shot up 34.1 per cent to £159.3.

Fifty Superdry stores across 23 countries were added to the portfolio during the six month period. The SuperdrySport brand continued to expand and its first standalone shop was opened.

Euan Sutherland, chief executive of Superdry, said: "We have delivered another strong performance in this half, further demonstrating the unique advantages and attractiveness of Superdry as a global digital brand.

"Our growth has further diversified the brand, both geographically and across channels, which serves to insulate the business from trading conditions in any single market.

"The performance in this half underlines our confidence in both the strength of the brand we are building and the quality of sustainable financial performance we can deliver."

Punchline says "Superdry is a fantastic Gloucestershire success story. It's come a long way from the humble Cheltenham market stall where it all began. Long may it continue."

Related Articles

Tesco announces major job cuts

Tesco is cutting 1,700 jobs in its stores and warehouses.

Click here for more details

Fly tippers prosecuted for dumping waste

Two cases of fly tipping have resulted in substantial fines after two individuals were found guilty of illegally disposing of waste in Tewkesbury borough.

Click here for more details

Law firm appoints its first director of HR

South West law firm Lodders has appointed senior HR professional Sarah Naffine to the newly created role of HR director at the firm.

Click here for more details

GET special recruitment event – 29th January 2018

Gloucestershire Engineering Training (GET) is holding an apprenticeship recruitment evening for post GCSE & A-Level opportunities.

Click here for more details

Copyright 2018 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.