Shares in clothing chain SuperGroup (SGP) rose 8 per cent following a pre-close trading statement from the company, ahead of interim results due for release in early January. Group revenues increased by more than 30 per cent in the period, with retail like-for-like sales up 12.8 per cent against tough comparative figures from last year.
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Sales have been boosted by the weak pound, as well as an increasing number of customers placing orders via the group's website. Wholesale revenues also grew by an impressive 44 per cent. Management still expects half-year pre-tax profits to fall in the £20m-£22m range.
