LONDON (dpa-AFX) - British retailer SuperGroup Plc (SGP.L), in its third-quarter interim management statement, said its third-quarter total Group sales increased 22.1% to 141.1 million pounds.
For the 39 weeks to January 26, 2014 sales have risen by 21.7% to 333.2 million pounds. Because of focusing on full-price trading in the quarter, the margin gains achieved in the first half were maintained, leaving the Group well placed to meet market expectations for the year.
For the 13-week period, retail unit's sales went up 18.2% to 113.8 million pounds, and wholesale sales were 41.7% higher than last year totaling 27.3 million pounds.
Further, the company added that it remains on track to deliver profit in line with market view. Julian Dunkerton, Chief Executive, commented: 'Our strong spring/summer 2014 order book and the positive responses from both the media and our trading partners to the autumn/winter 2014 range presented at the London men's fashion week, give me confidence in the product range going forward and the strength of the brand.'
Copyright RTT News/dpa-AFX
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