By Ritika Bhoora26 January 2024
Superdry reported a fall in sales and said it expects full-year profitability to be impacted as it blamed “a challenging consumer retail market” set against ”macroeconomic uncertainty and some remarkably unseasonal weather conditions” for its weakened financial performance.
In 26 weeks to October 31, 2023, Superdry posted a decline of 23.5% in sales to £219.8m, compared to the £287.2m of sales reported during the same period last year.
Already have an account? Sign in here
Site powered by Webvision Cloud
If you would like to share the information in this article, you may use the headline, introduction and link below
Superdry reported a fall in sales and said it expects full-year profitability to be impacted as it blamed “a challenging consumer retail market” set against ”macroeconomic uncertainty and some remarkably unseasonal weather conditions” for its weakened financial performance.
https://www.retail-week.com/fashion/superdry-cfo-steps-down-as-it-issues-profit-warning/7045459.article