Superdry warns of profit decline as sales slide after London stock market exit
Superdry has warned on profitability for the year ahead as sales fell during the current financial year following the fashion retailer’s departure from the London Stock Exchange in bid for survival.
Store sales in particular were impacted by “unseasonal weather and timing of promotions”, according to the retailer, which added that heavy discounting across its competitors also impacted sales.
Already have an account? Sign in here