Revenues fall at Superdry : vimarsana.com

Revenues fall at Superdry


Revenues fall at Superdry
Group revenue at the brand fell due to Covid-19 disruptions, but returned to growth by the last quarter of its financial year.
Group revenue for the 52 weeks from 26 April 2020 to 24 April 2021 fell by 21% year-on-year to £556.5m. The business recovered in Q4, with revenues rising by 0.8%, led by online and wholesale trade.
Store revenue for the year more than halved, falling by 50.9%, and accounting for £140.9m of sales. Ecommerce for the year rose by 33.8%, accounting for revenue of £202.9m. Wholesale revenues fell by 19.9% for the year, to £212.8m.
Superdry's ecommerce performance was strong in the last quarter, with revenue up 26.6% year-on-year to £40.9m. Stores lost 69% of trading time in the quarter due to Coronavirus restrictions. Wholesale rose by 13.5% in the quarter with revenues of £63.1m.

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