SuperGroup updated the market on two strategic developments on Monday, first announcing Superdry Sport has been appointed as the official clothing supplier to the UK delegation for the 2018 Invictus Games in Sydney, Australia.
Value-added logistics solutions and e-fulfilment provider Clipper Logistics has secured a five-year extension to its contract with Supergroup, it announced on Tuesday.
ITV: JPMorgan upgrades to Overweight with a target price of 185p.
JustEat: Deutsche Bank downgrades to Hold with a target price of 830p.
DIY retailer Kingfisher has more "reasons to be cheerful" thanks to an improving French outlook, analysts at RBC Capital Markets said on Friday, while clothes seller Supergroup remains "compelling" but its shares have gained a lot in recent weeks.
SuperGroup, owner of the Superdry fashion brand, said it was on track to meet expectations for annual profit after a strong first half.
The founders of SuperGroup have launched a long-term incentive scheme to share their wealth with all 4,500 of their employees.
SuperGroup, which was forced to publish highlights of its full-year results early on Friday after a preliminary draft of the numbers was stolen from an employee, has reported an 18.4% jump in pre-tax profit.
Supergroup has been forced to release some highlights from its preliminary results for the year to 29 April as an external party may have had sight of a draft of the numbers following a random theft from an employee.
Boosted significantly by the weak pound, SuperGroup grew its annual revenues 27% and said its full year profits were likely to be in line with expectations.
SuperGroup is a share to 'avoid', said the Sunday Times' Inside the City column, even though this week's results should show another strong quarter. The Japanese-styled youth fashion brand with its Superdry logo has grown impressively since being founded in 1985 to over 700 stores now. Boss Euan Sutherland took over with a mission to take the brand upmarket and into sportswear, shoes and accessories and more than half of revenues coming from abroad.
With the retail sector now at a major strategic crossroads, investors should back companies that are best prepared for a world where data will be the new frontier, said Liberum, picking out several 'key long-term winners' including Asos, Joules and Ted Baker.
Shares have started lower in London on Thursday morning with traders trying to anticipate whether the gears of monetary policy at the European Central Bank had begun to shift, mimicking the recent apparent change of pace over at America´s Federal Reserve.
Supergroup founder Julian Dunkerton sold a hefty amount of shares in the £1.25bn market cap fashion retailer, even as its shares continued to trade near their record highs.
Amid troubled times for some more established clothing retailers, SuperGroup, the owner of the Superdry fashion brand, lifted its interim dividend by a quarter after a half year where sales and profits grew strongly in the UK and gained traction in the US and China.
Supergroup shares surged on Thursday after the FTSE 250 owner of clothing brand Superdry reported a bigger-than-expected jump in first-half revenue and said it expects full-year profit to be in line with market expectations of £84.6m.
UK clothing retailers have seen sales fall for four months in a row, according to a survey published on Monday that criticised the industry's habit of over-buying and deep discounting.
Poundland: HSBC reiterates hold with a target price of 222p.
Supergroup, owner of the faux-Japanese fashion brand Superdry, announced full-year results for the 53 weeks to 30 April on Thursday.
Liberum revisited its stance on UK general retailers on Tuesday in light of the more uncertain outlook following the vote to leave the European Union.