Skip navigation

Gloucestershire Business News

SuperGroup celebrates soaring sales

SuperGroup Plc, owner of the Superdry fashion clothing brand, has revealed strong end of year results for the 53 weeks to the end of April.

The Cheltenham based company saw a 20 per cent rise in underlying profit before income tax taking it to £87million and profit before tax was up by 53.1 per cent to £84.8million.

Overall sales were up by nearly 26 per cent to £752million with retail like-for-like sales growing by over 12 per cent.

SuperGroup CEO Euan Sutherland said: "Our focus on delivering long-term sustainable growth continues, through a multi-channel approach that balances a disciplined owned and franchised store opening programme with further development of our re-engineered Wholesale channel and strong E-commerce proposition.

"The Group is globally diversified and financially strong and we remain confident in our strategy to further embed Superdry's position as a global lifestyle brand.

"Investment in infrastructure is underpinning our global growth plans and creating future leverage opportunities while ongoing product innovation and new social and digital marketing campaigns are introducing new customers to the Superdry brand."

Related Articles

Pretty as a picture: Investors snap up art gallery Image

Pretty as a picture: Investors snap up art gallery

Move follows administration for 2006 Cotswold business.

EXCLUSIVE:

EXCLUSIVE: "No" to luxury boost for £12m home

Refusal on Cotswold hideaway with illustrious past.

Countryside 'cut off' as rural 3G shut down Image

Countryside 'cut off' as rural 3G shut down

The countryside is being cut off by the mobile phone networks’ switch-off of 3G signal, rural organisations have warned.

Gloucester announces new head of culture and leisure services Image

Gloucester announces new head of culture and leisure services

Louisa Davies has been appointed the new head of culture and leisure services for Gloucester City Council.

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.