Twitter
Facebook
Linked In
RSS
Login or Register
New to InternetRetailing?
Register Now
Internet Retailing
IREU Top500 The Customer Report: 2018

IREU Top500 The Customer Report: 2018

This is your 1 complimentary article for this month

Become a member for unlimited and immediate access.


Register
Already a member? Log in here

Supergroup ecommerce sales rise by 39.5%

Linked InTwitterFacebookeCard
Supergroup ecommerce sales rise by 39.5%
Supergroup ecommerce sales rise by 39.5%
Supergroup today said online sales at its Superdry retail brand rose by 39.5% in the last year.

The update came as the Cheltenham-based fashion company said group revenues reached £484.7m in the year to April 25, 12.5% up on the same time last year, with retail sales 16.7% ahead at £332.8m. Like-for-like sales were up by 4.8%.

In the final quarter of the year, the 15 weeks to the same date, group revenues were 18.4% up at £134.8m, while retail sales were 20.6% ahead, at £76m, with like-for-likes up by 11.6%.

The growth, said the company, came both from new retail space and from online. "A strong pipeline of new stores in our targeted European markets, ecommerce momentum, the acquisition to take control of our brand in North America and the opportunity to increase awareness through our global collaboration with Idris Elba provide confidence for continued growth," said chief executive Euan Sutherland.

He said Supergroup's focus and investment would continue to be on creating a global lifestyle brand by expanding the Superdry brand and benefitting from retail growth opportunities.
Linked InTwitterFacebookeCard

Become a Member

Create your own public-facing profile
Gain access to all Top500 research
Personalise your experience on IR.net
Internet Retailing
We are the magazine, portal and research source for European ecommerce and multichannel retail, hosting the board-level conversation for retailers, pureplays and brands across all of our platforms. Join the conversation.

© InternetRetailing Media

Latest Tweet

Internet Retailing
Tamebay
eDelivery
Twitter
Facebook
Linked In
Youtube
RSS
RSS
Youtube
Google
Linked In
Facebook
Twitter