Tue 14th Sep 2010, 02:30PM about graduate-jobs.com news.
Superdry fashion firm SuperGroup revealed a 60% jump in sales as it underlined its status as one of the UK's fastest-growing retailers.
The group, which has 49 stand-alone stores and 64 concessions within House of Fraser, banked £32.8 million in the three months to August 1 after it opened five stores in the UK, including its largest to date at Lakeside in Essex.
It is planning more outlets before Christmas, including at Glasgow's St Enoch Centre, as it looks to continue its recent rapid growth.
The business began life on a market stall in Cheltenham more than 20 years ago but floated nearly a third of the business in March to fund growth - triggering a huge windfall for directors including founder Julian Dunkerton.
The shares have more than doubled since the flotation to give the company a market value in excess of £850 million.
Mr Dunkerton said demand for SuperGroup's products in the UK and abroad remained strong. "Our new store design is proving to be a great success, reflected by the strong performance of recent UK store openings such as Lakeside," he added.
Freddie George, a retail analyst at Seymour Pierce stockbrokers, described SuperGroup's first quarter results as "outstanding", particularly in light of difficult comparatives with a year earlier and the impact of the World Cup.
|Strain for future university spending…||19 September 2014|
|Money makes the university world go round…||18 September 2014|
|Unemployment falls by biggest margin in 25 years…||17 September 2014|
|UK Universities still competing with the best…||16 September 2014|
|M&S wants to create more business ready graduates…||15 September 2014|
|Byrne sets out plan for Universities…||14 September 2014|
|Leave it late and lose marks…||13 September 2014|
|Tuition fees will not be increased, says Clarke…||12 September 2014|
|Careers Advice needs a culture change…||11 September 2014|
|More students not producing better skilled graduates…||10 September 2014|