Superdry cautious as coronavirus hits profits
Fashion retailer Superdry has cautioned that ongoing uncertainty and disruption because of the Covid pandemic may affect performance as it posted a slump in sales and profits.
Superdry’s group sales slid 19.2% to £704.4m in the year to April 25, when statutory pre-tax profits fell 87% to £167m. On an underlying basis, the retailer made a loss of £42m versus a profit of £38m the previous year.
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