Supredry's store sales are recovering from the pandemic but it's still in a tough situation and a trading update added on to its full-year results show it's nowhere near the sales it acheived pre-pandemic.
How good were Inspecs results for the half-year to 30 June? Sales jumped to $125.7 million from just $16.7 million, core earnings rose to $17.7 million from $0.7 million and pre-tax loss was cut to $2.6m from $8.3m.
Just a short while after we heard that Uniqlo and Theory will be taking over the former Superdry flagship on Regent Street, London, it has emerged that the label has signed up for a brand new flagship.
Bally has gone for big and bold with its new London flagship store. Situated on Regent Street, the latest Bally Haus concept store comes with a high degree of historical and contemporary artistic content.
It hasn’t taken long to hear who’s moving into the location that Superdry is vacating on Regent Street. Fast Retailing has just announced that it will be taking up residence with its Uniqlo and Theory brands.
Superdry CEO Julian Dunkerton has been presented with Organic Ambassador status at the BOOM (Best of the Organic Market) Awards 2021, citing his “passion for organic” in his vision for the retailer’s future.
Major central London landlord Great Portland Estates (GPE) issued a trading update on Thursday and said that “momentum is building”. It also confirmed that Superdry is exiting its Regent Street flagship.