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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Supergroup

May 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • SGP
  • Price:
  • 944p
In a strategy update Supergroup has announced it has acquired exclusive rights to distribute Superdry products in North America by terminating the 30-year licence granted to SDUSA LLC, its US licence partner in 2008. This follows the acquisitions of its Scandinavian, Spanish and German partners over the last 18 months. Supergroup is paying £22.3m (US$33.5m) for the US licence and certain assets including shop fixtures and fittings valued at c. £11m. The business made an operating loss of £5.1m in 2014 but the group expects this to halve in ’16 and be profitable in ’17.Separately, the group announced a collaboration with actor Idris Elba to design and produce a premium line of clothing which will be sol ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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