EN Down
Hi, user_no_name
Live Chat

Overhead view of a clothing store's interior, showcasing apparel displays


Superdry is an international apparel brand that began in Cheltenham, UK, and grew into a global phenomenon that offers a wide range of fashion products known for their high-quality construction and distinct style. 

The company was founded in 2003 by Julian Dunkerton and James Holder as they aimed to create clothing that combined vintage American styles with bold Japanese graphics and British tailoring. 

Today, Superdry plc has more than 768 stores around the world and sells its products in over 65 countries.


Origins and Growth of Superdry

Superdry was born out of the collaboration between design and business visionaries - Julian Dunkerton, the founder of Cult Clothing, and James Holder, the former designer of Bench and founder of Sonneti. 

The duo was inspired by a trip to Tokyo, Japan, which provided them with the unique idea of fusing British design with Japanese-inspired graphics and vintage American styling. The result was a brand that offers thoroughly unique and stylish apparel.

In 2004, the first Superdry store was opened in Covent Garden, London. Through a blend of innovative marketing, attention to detail, and quality manufacturing, the brand soon gained a strong following and saw rapid growth across the UK. 

In the years that followed, Superdry expanded its presence globally, with stores opening in the US, Australia, Europe, and Asia.

Its breakthrough moment came in 2010 when David Beckham was spotted wearing a Superdry leather jacket, sparking a worldwide interest in the brand. 

Since then, numerous celebrities, including Idris Elba, Kate Winslet, and Leonardo DiCaprio, have been spotted wearing Superdry products, further cementing its status as a leading fashion brand.

In 2018, Superdry also collaborated with actor Idris Elba, creating a premium collection called "Idris Elba + Superdry." The collection was born from a shared vision of creating a premium blend of high-quality fabrics, classic tailoring, and contemporary designs.


Start Trading Now


The essence of superdry's product range

Superdry's unique design ethos brings together three main elements: vintage Americana styling, Japanese-inspired graphics, and British tailoring. Its products showcase an enviable level of quality and attention to detail, which is one of the reasons why the brand has a strong and loyal customer base.

The company offers a wide range of apparel products, including outerwear, knitwear, sweats, tops, bottoms, and accessories. Some of its most popular items include leather jackets, hoodies, t-shirts, jeans, and waterproof jackets that combine form and function in every piece. 

Superdry also offers a range of sports and activewear under the "Superdry Sport" line, which caters to fitness enthusiasts who appreciate well-designed and durable activewear.


Sustainability and social initiatives

In addition to providing customers with high-quality products, Superdry is also committed to sustainability and ethical practices. The brand recognizes its responsibility to reduce its environmental footprint and ensure the fair treatment of workers in its supply chain. 

As a result, the company has implemented several sustainability measures that aim to safeguard the planet and people involved in the production process.

Superdry is working in collaboration with the global non-profit organization, CottonConnect, to ensure 100% sustainable cotton by 2025. By transitioning to sustainable cotton, the brand aims to lessen its impact on water, reduce pesticide use, and improve farmer livelihoods. 

Superdry has also committed to various environmental targets that include reducing its greenhouse gas emissions, using recyclable packaging, and increasing renewable energy use in its operations.


Superdry's FY23: Financial struggles and strategy


Close-up of a graph, pencil, and calculator, indicating financial analysis.


Superdry PLC's financial performance for the fiscal year ending April 29, 2023, highlights several key aspects of the company's current situation and strategic direction. The year was marked by a mix of challenges and strategic responses to improve the company's financial health.

Superdry reported a 2.1% increase in group revenue to £622.5 million, indicating a continuing recovery of the brand. This growth was primarily driven by robust retail growth, with store revenue increasing by 14.7% and ecommerce revenue by 14.3%. 

The strong performance in retail and online sales was somewhat offset by a 19.1% decline in wholesale revenue, attributed to a more cautious outlook from partners.

The company faced significant challenges in terms of profitability. The adjusted loss before tax was £21.7 million, compared to a profit of £21.6 million in the previous year. The statutory loss after tax was substantially higher at £148.1 million, compared to a profit of £22.4 million in the previous year. 

The loss was primarily due to non-cash impairments of store assets and a reduction in the recognized deferred tax assets. Additionally, gross margin decreased by 3.2 percentage points to 52.8%, impacted by the continued clearance of aged stock.

Superdry's net debt position also worsened, standing at £25.6 million compared to £1.0 million in the previous year. However, the company has been proactive in addressing its balance sheet concerns. 

This includes an intellectual property sale and an equity raise yielding approximately £45 million post-year-end, along with a cost-saving programme expected to deliver £35 million, fully realized in FY24. Superdry also secured loan facilities during FY23 with Bantry Bay Capital for up to £80 million, and a further £25 million facility with Hilco Capital agreed post-year-end.

Despite the challenging market conditions, particularly in wholesale, the Superdry brand appears to be in sound health with positive momentum. The company's leadership remains focused on rebuilding liquidity and recapitalizing the balance sheet. 

The actions taken to preserve cash and re-engineer the cost base, along with the new partnerships in Asia, are expected to contribute to the recovery and potential global expansion of the brand.

Superdry PLC's financial performance for FY23 reflects a period of transition and restructuring, with significant efforts directed towards stabilizing and improving the company's financial standing amidst challenging market conditions. 


Recent challenges and steps for the future

While Superdry has experienced significant growth since its inception, the brand has faced challenges in recent years. Profits and sales have fluctuated because of factors such as an overdependence on seasonal outerwear and heavy discounting strategies that have impacted the brand's image. 

In 2019, co-founder Julian Dunkerton returned as CEO to help steer the company in a new direction and address these challenges.

Under Dunkerton's leadership, Superdry has initiated a comprehensive turnaround strategy that focuses on revitalizing the product range, enhancing customer experience, and improving brand marketing. 

Examples of these initiatives include expanding beyond outerwear to offer a diverse range of products and collaborating with high-profile figures like Idris Elba to raise brand visibility.

Moving forward, Superdry's growth strategy aims to increase revenue through new store openings, improving online platforms, and optimizing existing store performance. 

The company is also exploring further collaboration opportunities and expanding its presence in emerging markets, ensuring a well-diversified and robust business model for long-term success.


Superdry share price 


Stock market data on a digital screen, reflecting live trading information.


The latest share price for Superdry PLC (SDRY:LSE) is 35.45 GBX with a change of -6.35 (-15.19%). This information reflects the share price as of December 19, 2023. It's important to note that share prices are subject to change and can vary throughout the trading day


Bottom line

Superdry plc is a unique and iconic apparel brand that has captivated a global following through its blend of British design, American styling, and Japanese-inspired graphics. With its focus on high-quality products and attention to detail, Superdry has carved a niche for itself in the fashion industry. 

The company's strong commitment to sustainability and ethical practices adds to its appeal as a brand that puts people and the planet first. 

While recent challenges have tested Superdry's resilience, the brand's reinvigorated vision and growth strategy promise a bright future for this distinct global fashion powerhouse. 

Join today and start trading like a pro.

Related Education Articles

Smartphone with "DEFI" on screen and coins on a purple background.

Monday, 1 July 2024


Polygon (MATIC): Shaping The Future Of DeFi

A hand holding a cell phone with a graph on the screen

Tuesday, 25 June 2024


Learning How To Use The Chaikin Oscillator

A person in a suit pointing at a screen

Tuesday, 25 June 2024


Difference Between Standard Deviation & Variance

A person holding a cell phone

Thursday, 20 June 2024


What Is the Williams Alligator Indicator?

Live Chat