Superdry CFO steps down as it issues profit warning
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.
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