Supergroup Share Discussion Threads

[scaramanga1906] 04/9/2015 13:36

This is more than a UK story nowadays. The possibility of growth in Germany, where it's feasible that a business of the same scale as the UK could be built rapidly, and China are more important than swings and roundabouts in UK sales.

[terrys trousers] 04/9/2015 13:12

This would weigh heavily on SGP: "fashion sales down 5.5 percent"

[kalkanite] 04/9/2015 12:39

Mike,that data doesn't tally with this link supplied by CR in an earlier post.....



"Retail sales picked up pace this month thanks to a welcome bounce back for under-pressure supermarkets and strong demand for summer clothing, a report showed today.

The latest retail survey from the CBI revealed a more upbeat picture than expected on the high street after a slowdown in July, with a balance of plus 24 per cent of retailers reporting sales increasing in the year to August.

It comes after a subdued July, when sales growth slipped - to a reading of plus 21 - and confounded expectations for a further drop in August.

The CBI survey found grocery sales rose after two months of stagnation, while clothes stores also enjoyed another robust performance.

The report revealed a balance of plus 16 per cent seeing supermarket sales growth in the year to August, up from zero in both June and July.

Clothing stores gave a reading of plus 61 per cent, although shoes and leather stores failed to benefit from the buoyant mood among shoppers, with a reading of minus 70 - the worst performance for six months.

Furniture and carpet shops also saw a fall in sales, as did hardware and DIY stores.",/I>

[mike740] 04/9/2015 11:54

UK retail sales in August were the weakest since the financial crisis, with a BDO survey showing a massive 4.3% drop compared to the same month last year.

[mike740] 04/9/2015 09:01

True good point, but these weather warnings come out of the blue and are a shocker.

I like to invest in retail stocks be Im very wary at the moment. I suppose as soon as we get the first one out of the way it will be a good indicator.

Looks like others are wondering aswel.......

--------------------------------------------------------------------------------


FTSE indices southbound on retail after Asia falls

StockMarketWire.com

FTSE indices surrendered the rump of yesterday's gain in early deals on what has so-far been a quiet Friday session. Blue-chip retailers were out of favour, as were several insurers and banks. Asia bourses eased overnight, while Wall St was mixed.

Shortly after the open, FTSE 100 was down 79.1 points, or 1.28%, to 6115. FTSE 250 was down 157, or 0.92%, to 16,930.2. At 8.31am, gold was at $1124/oz. Three-month industrial metals were mostly lower, but copper rose 2.46% and aluminium 1.88%. Crude fell more than 1.2%.

Next (NXT) led blue chips and retailers south with a fall of 3.57% to 7560p, and was trailed by Dixons Carphone (DC.), down 3.04% to 417.8p, and Burberry (BRBY), off 2.23% to 1362p.

[scaramanga1906] 04/9/2015 08:55

You may be right, but SGP chart looks a lot stronger than HFD did before their update.

[mike740] 04/9/2015 08:31

Take heed of the Halfords profit warning yesterday.

OK it was bikes BUT..........they blamed the weather.

Hope SGP do well, but like all clothes retailers im suspicious.

[cockneyrebel] 04/9/2015 08:23

yes :-)

CR

[scaramanga1906] 04/9/2015 08:19

Let's hope it's worth the wait! Chart suggests it could be.

[cockneyrebel] 04/9/2015 07:17

Cheers Scaramanga1906 - my mistake - shame we have to wait a bit longer :-)

CR

[scaramanga1906] 03/9/2015 16:35

AGM is September 9th according to the web site:

[36redhill] 03/9/2015 16:32

Will there be an update tomorrow? Thought it was just Agm.

[cockneyrebel] 03/9/2015 16:26

probably.

Traders playing safe.

Think I'd sooner stay long and have.

CR

[36redhill] 03/9/2015 16:21

Profit taking before Agm??

[cockneyrebel] 03/9/2015 12:58

Nice and strong ahead of tomorrow's trading update imo.

CR

[cockneyrebel] 02/9/2015 09:37

Screaming away ahead of Friday's AGM and t/s

CR

[treeshake] 29/8/2015 11:04

interim divi also payable that day by the looks of things

[cockneyrebel] 28/8/2015 15:34

SGP the fun stock next week?

Trading update Friday and the CEO and marketing directors both bought £100k worth quite recently.

All imo

I got the date from somewhere kalkanite

CR

[treeshake] 27/8/2015 12:21

Coddey, that's what I said to him. I'm happy to hold. DYOR

[kalkanite] 27/8/2015 10:51

AGM on 9th Sept, SGP normally give an update on first Thursday in September which is 3rd. Retail sales figure certainly point to it being a positive update.....we shall see. (edit: must be 4th then, thanks CR)

[cockneyrebel] 27/8/2015 10:49

Trading update next Friday, Sep 4th.

CR

[cockneyrebel] 27/8/2015 08:11

Retail sales bounced back in August thanks to summer clothes and supermarket sales, says CBI survey

CR

[coddey] 25/8/2015 15:20

That would require them more than doubling their turnover. With a saturated UK, full retail web presence in the world already, strong pound hampering foreign turnover, etc etc... I think your "somebody" is pulling your leg perhaps.

[treeshake] 25/8/2015 12:53

Not at all Coddey, I know somebody who works very close with them, although I think 12 months would be pushing it to say the least.