Updates

Superdry

April 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Superdry has sold the intellectual property assets in certain Asian markets (including South Korea and China) to the South Korean-based Cowell fashion company. The consideration of US$50m (£34m net of fees and tax) will be used to strengthen the Group’s balance sheet and fund working capital. Cowell will own and use the Superdry brand in key markets, starting with its home market of South Korea and extend to others including China, where it plans to grow Superdry into a Superbrand. The company also said it was considering additional steps, including a potential equity issue. CEO Julian Dunkerton will focus on growing Superdry’s brand in Europe and the US. Await newsflow. ...

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ME Group - Revolution rollout expands to 80-90 units

Mpac

Superdry (February 2023)

Superdry (January 2023)

Superdry - Outperforming the market (November 2022)

Superdry - Still on track for first profits since 2019 (June 2022)

Superdry - Eps of 20p and 38p forecast for next two years (February 2022)

Superdry - Clear evidence of brand turnaround (October 2021)

Superdry - Tripled but could double again (June 2021)

Superdry (February 2021)

Superdry - E-commerce going gangbusters (from +4% after 7 weeks of Q2 to +52% for the last 6 weeks) (December 2020)

Superdry (October 2020)

Superdry - Q1 trading better than initial expectations (September 2020)

Superdry (December 2019)

Superdry (August 2018)

Superdry (June 2018)

Superdry - Free cash generation about to balloon six-fold (February 2018)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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