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Supergroup

November 2014

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.

  • Epic Code:
  • SGP
  • Price:
  • 830p
Like virtually all the clothing retailers, Supergroup has issued a weather-warning. The unseasonably mild October weather across Europe has deterred shoppers from buying outerwear (coats and knitwear) and aligned with ongoing infrastructure investments, Supergroup has guided down full year profit expectations to £60m-65m from £70m.   Total H1 Retail sales were up 12.4% to £131.5m reflecting further new space openings (like-for-like -3.9%). Wholesale customers have been affected by weather issues too and orders have been delayed as a result. Earlier in the month, Supergroup also strengthened its top team. Julian Dunkerton is relinquishing his CEO role to focus on product and design, with Euan S ...

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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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