Fashion retailer unveils its autumn/winter profit warning
Superdry's weather-related profit warnings are beginning to match fashion's seasonal cycles after the retailer followed up its spring/summer collection of disappointing sales with today's revelation of unexpectedly low autumn/winter revenues.
The fashion retailer has blamed "unseasonal weather" for lower sales, with the wrong weather also the cause for lower-than-expected sales eight months ago.
Superdry's share price has fallen 90% since mid-2021 as it has struggled to turnaround its turnaround, which had begun with such optimi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
