Superdry is latest UK retailer to feel the sales heat

Retailer Superdry has joined a growing list of UK fashion shops hit by unseasonably hot weather and other woes, as the company warned that full-year profit would fall short of market expectations, hammering its shares.

Superdry shares, already down 47% so far this year due to declining store sales, fell 20%, valuing the retailer at £674m (€766m).