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Superdry Expects Little Revenue Growth After Reporting Annual Loss

Superdry Expects Little Revenue Growth After Reporting Annual Loss

Struggling UK fashion retailer Superdry expects stunted revenue growth this fiscal year after reporting a bigger than expected annual loss on Friday, saying the cost-of-living crisis and fall in real wages led to weaker sales.

The company, whose fashion line mostly includes sweatshirts, hoodies and jackets, has also been grappling with weak orders from wholesale partners, who have been cautious on stock levels and liquidity amid economic…


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