www.supergroup.co.uk

I take it Cynic you changed your mind on the managent........i take it your a M&S dresser at your age.......mind you they dont do much in shorts at this time of year.

it's Next management that i think is rubbish ...... i just felt that SGP was over-priced, but at least the profit would have been sufficient for dinner at Waterside (for 1!) - fantastico, even if f expensive ..... have also had good report re Hind's Head in Bray which was terrible not so long ago; clearly Mr B sacked the chef there

I still wonder if we punters aren't completely mad - two stocks ASOS ans SGP are trading at eye-watering prices, surely a target for some stout fellow like ---. These businesses are not imune to World events - Yet the trading update from SGP appears to tell their t/o was up over the nine weeks arround Xmas. Yet this was a time when stores (elsewhere) were starved of stock due to the weather; ditto Customers who stayed at home (so good for on-line ASOS, I'll agree). And SGP tells the Market they have eliminated Cotton-price rises! Eh? A retailer that is immune to commodity prices...well, that's a first!
Now who wants to pay 16 for stock that was issued at 5p? (SGP recent high).
Well if there was a strong dividend, like 8% fully covered, perhaps a miner, or energy-supplier sitting on massive reserves. (ie little costs and stock the World will pay your price for.).
Mind-you I'm surprised women will pay 500 for silly shoes that fall apart if they run for a bus!

women who pay 500 for a pair of shoes are unlikely to travel by bus, let alone run for one! ..... meanwhile, i shall stay short of NXT and ASC

Youth fashion retailer SuperGroup Plc claimed its best-ever Christmas trading period, with retail sales up by 93.6% on last year to 51.7m.
CEO Julian Dunkerton said the group was now positioned to deliver profits towards the upper end of market expectations.
Wholesale sales over the nine weeks to January 2 rose by 77.8% to 13.4m.
There was a 243.3% increase in internet sales, which were included in retail.
Total group sales over the period showed a 90.1% increase to 65.1m.

great rns today and with figures due out on wednesday, be prepared to sell on the news as sp has gone stellar today

woaa.. dead open , some 240 point down.. scary market for sgp these days... dead silence here.. all dead...

Brace yourself.

Good job the Interim Management Statement wasn't bad!

i traded SGP a couple of times, and fortunately profitably .... however, i came to the conclusion that it was far too illiquid and dangerous - indeed, even more so that ASC

Half price.

Nice bounce due to paper positive comment.

OVER 1050p

and asc (red) looks ever more over-priced to me

5 DAYS

OVER 1100p

Biggest faller this am.

RNS Number : 5651P

SuperGroup PLC

05 October 2011

SuperGroup Plc

Update

SuperGroup Plc ('SuperGroup' or 'The Group'), owner of the Superdry brand and one of the fastest growing international branded clothing companies, announces the following update.

At the end of August SuperGroup implemented an upgrade programme to its warehouse management systems to increase capacity and efficiency at its Barnwood site to meet future growth in demand. Once live, the business encountered some short-term issues in the transition which has caused a significant, temporary reduction both in the amount of stock and range of sizes reaching its UK stores.

SuperGroup's international and wholesale operations are not affected.

The Group has reacted swiftly to resolve the situation. Whilst the majority of the system issues have been rectified, some are still ongoing. Temporary warehouse facilities have been commissioned to address capacity requirements. It is anticipated that our distribution capability will have returned to normal levels of operation and have been fully upgraded with additional capability and efficiency in November. We estimate that the total cost of this isolated event, including the additional temporary warehousing capability and resulting lost sales during the period, will impact the current year's profitability by between GBP6-9 million. Stock levels will also increase by c.GBP2 million.

During this period we continue to see ongoing appeal for the Superdry brand in the UK, internationally and online. Our new UK store opening programme is likely to be at the upper end of Q2 guidance with eight new stores opened since the beginning of our financial year. Our international opening programme and growth plans remain on track. Whilst the issues outlined above are an unwelcome temporary set-back, these changes to our warehouse management systems are vital in supporting the significant growth we continue to experience in the business. Our strategy is unchanged and we have a high level of confidence in the Group's future growth prospects.

SuperGroup will be hosting a conference call for analysts AND INVESTORS at 0830 HOURS BST today. Please call Jamie Ramsay at College Hill for dial-in details on 020 7457 2047 or email jamie.ramsay@collegehill.com

5 October 2011

watching them..wishing them well ..statement 66% forward ..nice recovering.. then bang! and another big cockup in management..they cant do these things..specially in this full of fear market.red flag.
btw nice chart compare with asc... mean anything valuable ?