SuperGroup puts in a strong performance

SuperGroup has a presence in 51 countries and operates 662 stores and concessions globally
SuperGroup has a presence in 51 countries and operates 662 stores and concessions globally
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​SuperGroup, the company behind the Superdry fashion brand, said revenues rose 21​ per cent​ to £589.5​m over the year.

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 £72.5​m 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.