SuperGroup puts in a strong performance

'‹SuperGroup, the company behind the Superdry fashion brand, said revenues rose 21'‹ per cent'‹ to Â£589.5'‹m over the year.

By The Newsroom

Published 12th May 2016, 08:40 BST

Updated 12th May 2016, 09:45 BST

SuperGroup has a presence in 51 countries and operates 662 stores and concessions globally

Annual like-for-like sales at the retailer grew 11.3 per cent and the company said it expects underlying pre-tax profit for the year to come in at between £72.5m and £74m.

Chief executive Euan Sutherland said: "The group has traded robustly throughout the final quarter as we continue to deliver our strategy to create a global lifestyle brand.

"We have opened 24 net new stores across our targeted European markets and have a strong pipeline of new stores for the new financial year."

SuperGroup currently has a presence in 51 countries and operates 662 stores and concessions globally.

Trading in the final quarter was particularly strong, with like-for-like sales up 15.4 per cent.

The company said it plans to open two distribution centres during 2016 to better serve customers in Europe and North America.

Europe