Superdry’s group revenue for FY25 was £374.6m, down from £488.6m in FY24 due to store closures and strategic changes. The brand saw a gross margin of 58.2% and returned to profitability with an adjusted profit before tax of £33.8m, a significant improvement from the previous year’s loss.

CEO Julian Dunkerton hailed FY25 as transformative for Superdry, focusing on design, quality, and sustainability. Store revenue declined by 22% to £175.2m, while ecommerce was down 25% to £109.0m. The wholesale channel also saw a 23% decrease to £90.4m as part of the restructuring plan.

Superdry’s restructuring plan included rent reductions, extended debt facilities, and store closures to strengthen liquidity. The company aims for FY26 revenues between £350m to £450m with mid- to high-single-digit EBITDA margins, focusing on sustainable profitability and operational benefits.

Management expects store sales to improve with the Superdry & Co rebrand, while ecommerce growth is projected to return with digital enhancements. Affiliation and Concession store models will support wholesale recovery. Superdry is optimistic about its future growth and profitability.

Read more at Yahoo Finance: Superdry returns to profit in FY25 as cost savings come to fruition