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.
|Want a fast track career? Go digital…||31 January 2015|
|Gen Y do not want to become future leaders…||30 January 2015|
|Millennials shun traditional careers for Tech start ups…||29 January 2015|
|VCs uneasy about proposed fees regime…||28 January 2015|
|Nearly 1500 graduate vacancies left unfilled because of skills deficit…||27 January 2015|
|Firm finds Government Loan repayments outdated…||26 January 2015|
|Female students continue to reject sciences…||24 January 2015|
|OECD Head says high fees are worth it…||23 January 2015|
|Graduates want to make a difference in the world…||22 January 2015|
|Graduate Recruiters advise getting work experience in 2015…||21 January 2015|