Superdry stock delayed by up to six weeks during supply disruption

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Superdry has suffered delays of up to six weeks in dispatching its wholesale stock but said it believes the worst of the current supply disruption is behind it. “In October, we have like-for-like growth of about 7.9% against pre-pandemic levels so it puts us is a fantastic position for Christmas.” Superdry said the impact of logistics issues was greatest on its wholesale business, which saw delays of between four and six weeks. “Our focus on full-price sales continues to deliver improvements in gross margin and I am pleased that we are ending the half with 10% fewer inventory units than last year,” he said. “We are encouraged by the performance this strategy is starting to deliver, which gives me further confidence in the full-year outlook.” The group also reaffirmed its commitment to stores, despite the permanent closure of 15 sites last year, as it reported 21.7% year-on-year growth in shop revenues.