SuperGroup CEO steps down

SuperGroup CEO steps down

CEO and founder Julian Dunkerton has stepped down as CEO of British SuperGroup, but clothing brand SuperDry's parent company has moved quickly to replace him.

20 years of experience

His replacement, Euan Sutherland, has nearly 20 years of retail experience - having worked at B&Q, Dixons and Coca-Cola. He has been SuperGroup's non-executive director for the past two years after he resigned as Co-Op Group's CEO after merely 10 months in March, calling the company unmanageable.

 

Dunkerton founded the company more than 30 years ago and went public in 2010, but will now become the company's product & brand director. That means his focus will shift to the development of new SuperDry products and the brand's protection during its international expansion.

 

"Increasing complexity"

"With the number of opportunities SuperGroup has available and the increasing complexity of the business, now is the right time to bring in a CEO of Euan's calibre," Dunkerton said in a statement.

 

SuperDry's products are currently on sale in more than 100 countries worldwide and it even has 135 stores of its own in the United Kingdom and Europe.

Questions or comments? Please feel free to contact the editors


Carlsberg's turnover increases despite lower volumes

16/08/2017

In the first half of the year, Danish beer brewer Carlsberg’s turnover grew 2 % to 31.8 billion krona (4.3 billion euro). The improves sales for its more expensive beers, like Grimbergen, contributed to this turnover increase.

Losses keep growing for HelloFresh

14/08/2017

Over the course of the first half of 2017, meal box delivery service HelloFresh has seen both its turnover and its losses grow significantly. This gives mixed messages in the preparation of its IPO, which is planned for the fall of 2017 to create room for more investments.

Italian gelato is European market leader

11/08/2017

Italian cuisine is revered all across the globe, with people often thinking of pizza and pasta. However, Italians also have an ironclad reputation when it comes to ice cream. This is also reflected in sales, as Italians are the European market leader.

Oprah Winfrey and Kraft Heinz join forces

10/08/2017

American tv star Oprah Winfrey has joined forces with Kraft Heinz to develop a range of “healthy and nutritious soups and side dishes”. The range, currently only available in the United States, should help Kraft Heinz generate turnover growth once more.

Ahold Delhaize continues to struggle in Belgium

09/08/2017

Belgian-Dutch supermarket group Ahold Delhaize has had a very good second quarter, with the company thinking last year's merger could result in lower costs than previously anticipated. On the other hand, Belgium's performance is still weak.

Sainsbury’s wants to cut 1,000 jobs

07/08/2017

Sainsbury’s, the second largest supermarket chain in the United Kingdom, is allegedly planning to cut 1,000 office jobs in order to save up to 500 million pounds (550 million euro).

Back to top