Superdry Warns on Profit After U.K. Holiday Shopping Slump

U.K. retailers’ holiday tale of woes continued as apparel chain Superdry Plc said lower-than-expected sales for the period could wipe out its annual profit, sending its shares reeling.Another retailer, JD Sports Fashion Plc, said Friday its full-year earnings will be in the upper range of previous guidance, but that was largely because of stronger performance outside the U.K.The updates follow downbeat reports from the likes of Marks & Spencer Group Plc and John Lewis Partnership Plc, which