UK’s Superdry posts revenue of £219.8 mn in H1 FY24

Superdry reported a 23.5 per cent decrease in H1 FY24 revenue to £219.8 million, mainly due to a 41.1 per cent drop in wholesale and a 13.1 per cent decline in retail.
E-commerce sales fell 19.1 per cent to £51.2 million.
Gross margin improved by 1.9 points.
Adjusted loss before tax was £25.3 million, but statutory profit before tax reached £3.3 million.

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