Retailer 'Confident' Despite Pounds 8.8m Hitch

Summary


WAREHOUSING problems cost Cheltenham-based fashion retailer SuperGroup some Pounds 8.8 million but the company is now confident it has sorted out the difficulty and is looking forward to growth in the coming months.

The group previously revealed issues at its Brockworth warehousing operation but still managed to increase turnover by 51 per cent to Pounds 136.1m.

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Retailer 'Confident' Despite Pounds 8.8m Hitch

Had it not suffered the hit from its warehousing operations the firm's Pounds 13m of operating profit, down from Pound...

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