Supergroup to launch sporting stores

L Plans for series of standalone units come as turnover and earnings rise

profit and the ordinary dividend as we maintained momentum against all elements of our strategy.

“Our focus on delivering long-term sustainable growth continues, through a multichannel approach that balances a disciplined owned and franchised store opening programme with further development of our re-engineered wholesale channel and strong e-commerce proposition.”

On Brexit, Sutherland said he had not seen any slowdown in consumer confidence in the UK.

He added: “The economic environment has been tough and the political backdrop uncertain. The Brexit vote and fluctuating exchange rates have had the most significant direct impact.

“The Superdry brand has proved resilient while the increased exposure of the business to different countries, markets and currencies has been important in providing some insulation from that impact.”

Supergroup has a presence in 62 countries, with 863 stores and concessions globally.

In its results it noted that North America had achieved full-yearbreak-even,withseven new stores opened. Two new distribution centres are operating – US and Belgium.