Superdry and Joules issue profit warnings after tough Christmas

Shares in both firms plummet, with Superdry saying it may not make a profit this yearThe Christmas retail winners and losersThe fashion brands Superdry and Joules have warned that profits will fall significantly below expectations after a tough Christmas.Shares in both companies crashed after the warnings, the latest in a series of grim trading statements from the retail sector – Superdry by 22%, to 368p, and Joules by 33%, to a new low of 152p. Related: Marks & Spencer feels the squee