Covid-19 pandemic further hits Superdry’s revenue and profit

Group revenue at Superdry fell by 19.2 percent year-on-year to 704.4 million pounds (904.3 million dollars), which the company said, was driven by a decline in both divisions, with retail declining 18.2 percent and wholesale declining by 20.7 percent. The group’s statutory loss after tax for the year was 143.4 million pounds compared to a 101.7 million pounds loss in 2019, while pretax loss reached 166.9 million pounds (215.6 million dollars) for the year ended April 25 compared with a loss of 89.3 million pounds in fiscal 2019.