Superdry cautious as coronavirus hits profits

Superdry founder Julian Dunkerton was pleased with ecommerce performance

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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