SuperGroup Plc today (May 10) said sales in the 13 weeks ended April 29 increased over 14 percent with growth in both retail and wholesale businesses.

Group sales climbed to £75.2m from £65.9m. Retail sales at the fashion retailer in the 13-weeks to April 29 soared 24.7% to £39.4m from £31.6m, aided by new store openings. Meanwhile sales for the year to April 29 grew 29.6% to £191m.

However, like-for-likes were flat in a fourth quarter chief executive Julian Dunkerton described as “disappointing”. Online performance was strong but the challenging retail environment was held back by the challenging retail environment which has led to a slowdown in sales from standalone stores and concessions, the retailer said.

Wholesale Sales grew 4.4 percent to £35.8m from £34.3m in the fourth quarter, while sales grew 35.7% in the year to £122.8m. The underlying growth rate was around 9 percent before adjusting for the year end translation of currency.

According to the company, the slow-down in reported growth rate of the Wholesale business was impacted by the annualisation of the SuperGroup Europe acquisition and the continued expansion of the UK Retail business. In addition, growth was adversely impacted at the end of the quarter by delays to franchise stock shipments.

Julian Dunkerton, CEO, said, ”Although the fourth quarter has been a disappointing end to a challenging year, the brand remains strong and this, together with the Group’s investments in key senior personnel and system infrastructure, provides a solid platform for the coming financial year.”

SuperGroup gave no further guidance following the shock profit warning it issued after an “arithmetic error” on April 20. The error destroyed its stock market value.