BUZZ-SuperGroup: under pressure despite management change
** UK fashion retailer SuperGroup (Other OTC: SEPGY - news) drops to 2-1/2 month lows even after a management shuffle which was warmly received by analysts.
** Firm names ex-Co-op Group boss Euan Sutherland as its new chief executive.
** SuperGroup down 3.5 pct, top faller on a 0.7 pct firmer FTSE 250 index.
** Traders highlight stock very illiquid, leaving it susceptible to wide price swings.
** Also concern over impact on trading of unusually warm autumn weather.
** Investec Securities cuts FY 2015 pretax profit forecasts by 4 pct due to continued warm weather.
** Move (NasdaqGS: MOVE - news) follows recent weather statements from rival retailers Next (Other OTC: NXGPF - news) and N Brown Group.
** More broadly, forecasts have been under pressure. In past 30 days two of nine analysts have lowered FY 2015 EPS forecasts for SuperGroup with an average cut of 0.9 pct, StarMine shows.
** Company to issue second-quarter trading update on Nov 6. (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)