Superdry Plc news and archive

Superdry to accelerate growth in India with Reliance Brands

British retailer Superdry has signed an IP joint venture agreement with India’s Reliance Brands Holding UK (RBUK) for the sale of its South Asia intellectual property assets, including the Superdry brand and related trademarks in India, Sri Lanka, and Bangladesh. In a statement, struggling Superdry said that RBUK, which is held by Reliance...

Business

Superdry blames "unseasonably warm" weather for subdued Q3 results

For the 13-week period to January 26, 2019, Superdry Plc said, global brand revenue of 479.6 million pounds (618.9 million dollars), increased by 5.4 percent year on year, driven by strong wholesale performance in the quarter. However, group revenue declined 1.5 percent, impacted by subdued store and ecommerce sales driven by ongoing legacy...