LONDON (Reuters) - SuperGroup (L:SGP), the British company behind the Superdry fashion brand, said on Thursday it would start paying dividends with an interim payout in its 2015-16 financial year.
In a strategy update the firm, whose trademark jackets, hooded tops, check shirts and jogging bottoms are popular with teenagers and twenty-somethings, also said it had gained the exclusive rights to distribute Superdry products in the United States, Canada and Mexico by terminating the existing U.S. licence at a cost of 22.3 million pounds.
It also said actor Idris Elba would collaborate with Superdry and design a premium line of clothing.
The group forecast a pretax profit of 60-65 million pounds for the 2014-15 year, in line with previous guidance.