Superdry firm's results cap a 'difficult year'
Friday 11 May 2012
Julian Dunkerton, chief executive of SuperGroup, has vowed to become more closely involved with the fashion retailer's products after a "disappointing" fourth quarter capped a "difficult year" for the owner of the Superdry brand.
SuperGroup, which has issued three profits warnings since October, yesterday posted "flat" underlying UK retail sales over the 13 weeks to 29 April, marking its worst domestic performance since it floated at 500p in March 2010.
While he partly blamed the wettest April on record, Mr Dunkerton said: "I personally have been pulled away over the year from running, with James [Holder], the product side of the business."
To free him and Mr Holder, the brand and design director, to focus more on product, SuperGroup hired Susanne Given as chief operating officer and Shaun Wills as finance director in March.
Mr Dunkerton said: "We have grown [sales] by 675 per cent over the last four years and we have invested in infrastructure and people in order to turn ourselves into a more professional company."
Geoffrey Macnab reviews American Hustle, also starring Christian Bale and Bradley Cooper
elephant appealThe first 23 lots in our charity auction have now gone. But there are 22 more still up for grabs
Michelle Nijhuis' daughter insists (s)he is, and she learnt a valuable lesson on gender in books
It takes a platoon of chefs, litres of brandy and rum, and almost 100kg of dried fruit
newsThat most ancient of crimes is on the rise, threatening farmers' livelihoods, community trust – and human health
Jennifer Lawrence: 'It should be illegal to call someone fat on TV'
Iain Duncan Smith leaves Commons food banks debate early
Paul Walker death caused by speed alone
DNA from a 50,000 year old toe shows Neanderthals were highly inbred
Devyani Khobragade: India-US row escalates over arrest of diplomat in New York
- 1 America's 'virgin births'? One in 200 mothers 'became pregnant without having sex'
- 2 Sun will 'flip upside down' within weeks, says Nasa
- 3 Christmas comes early: Justin Bieber is 'retiring from music'
- 4 Iain Duncan Smith leaves Commons food banks debate early
- 5 Children evacuated from swimming pool after prosthetic leg mistaken for paedophile
- < Previous
- Next >
iJobs Money & Business
£500 - £650 per day: Harrington Starr: Harrington Starr is working with a Glob...
£27000 per annum: Harrington Starr: Junior Consultant (Excel, Financial Spread...
£500 - £600 per day: Harrington Starr: .NET Quantitative Developer - Contract ...
£55000 per annum: Harrington Starr: Technical Operations Analyst (UNIX, Linux,...