UK fashion company SuperGroup has said that ongoing strong sales growth and improved margins will see the group remain on track to deliver profit in-line with expectations.

Total group sales for the quarter increased by 22.1% to £141.1 million, whilst for the 39 weeks to 26th January sales increased by 21.7% to £333.2 million. The group said that as a result of focusing on full-price trading during the quarter the margin gains achieved during the first half were maintained, leaving the group well placed to meet market expectations for the financial year.
Meanwhile, an 18.2% rise in retail sales for the quarter was led by a cleaner stock proposition and an increase in selling space following the opening of nine standalone stores, the relocation of two stores and bringing seven stores into full ownership from franchise.

Julian Dunkerton, CEO, commented: "I am pleased that our on-going strong sales growth and improved margins mean the business remains on track to deliver profit in-line with market expectations.

"All infrastructure projects are running to plan; in particular the new distribution centre is already playing a significant role in the delivery of spring/summer products.

"Our strong spring/summer 2014 order book and the positive responses from both the media and our trading partners to the autumn/winter 2014 range presented at the London men's fashion week, give me confidence in the product range going forward and the strength of the brand."