SuperGroup upbeat after Christmas sales surge
LONDON, Jan 14 (Reuters) - SuperGroup (Other OTC: SEPGY - news) , the owner of clothing brand Superdry, said it was confident of meeting its full-year profit target after a healthy jump in sales over the Christmas period.
The British group said on Wednesday like-for-like sales for the 11 weeks to Jan. 10 grew by 12.4 percent, with online orders particularly strong.
The performance meant it expected to deliver full-year profit of 60-65 million pounds ($98.5 million), SuperGroup said.
($1 = 0.6598 pounds) (Reporting by Neil Maidment; editing by Kate Holton)