January 10, 2020 / 7:17 AM / 14 days ago

UK fashion brand Superdry warns on profit after poor Christmas

LONDON, Jan 10 (Reuters) - British fashion brand Superdry warned on its full-year profit on Friday after sales during the peak Christmas period fell short of its expectations due to weaker trading on older product.

It said underlying pretax profit for the year would be in the range of zero to 10 million pounds. Analysts had forecast pretax profit of 40.5 million pounds, according to Refinitiv data, broadly in line with the previous year. (Reporting by Paul Sandle; editing by Kate Holton)

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