• Profit before tax of GBP14.6m, up 86.4%
  • Group revenue rises 65.1% to GBP90.3m

UK fashion firm Supergroup has announced a strong rise in first-half profits, reporting strong performance with growth across all sales channels.

Interim results for the 26 weeks ended 31 October 2010 included retail sales of GBP54.4m (US$85.2m), up 71.7%.

Standalone stores number 55 at the period end compared with 42 at the end of FY10, with further international stores planned.

Superdry's wholesale sales were GBP35.9m for the period, up 56.1% on last year. 

Julian Dunkerton, chief executive, said: "We are delighted to report such strong growth in the first half of the year with momentum established in both divisions. We are very pleased by the progress being made across the whole business, particularly with our recent Autumn/Winter range and the new store fit-out, which are delivering improved business performance and profitability."