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SuperGroup revenue soars 14.9%

SuperGroup, parent company of Superdry, has reported a 14.9% year-on-year rise in group revenue to £360.4m.

In annual financial results released today (July 11) the company indicated a “return to form” as profit before income tax was up 0.8% to 51.8%.

Like-for-like retail sales were up 5.7% from 2012.

Julian Dunkerton, chief executive of SuperGroup, said “investment in infrastructure” and the bolstering of the company’s management team “underpin” the group’s growth.

He added: “The enduring appeal of the Superdry brand and the improvements and extensions to the ranges, in particular the progress made in womenswear, gives me confidence that there are significant opportunities for growth across all channels and geographies.”

SuperGroup increased its retail footprint in the UK and Europe by 13.8% this year, bringing the total to 536,000 sq ft. The business also opened 56 new franchise and licensed stores internationally, bringing the global total to 162 outlets.

Online sales increased by 27.8% bringing the total contribution of ecommerce to 11.2% of group revenue, up from 10% in 2012.  

SuperGroup internet sales are currently available in 122 territories through 16 Superdry websites.

 

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