Supergroup expands in Asia - Telegraph F J Benjamin, which is listed on the Singapore Stock Exchange, said it will help open three Superdry stores in Kuala Lumpur by "early 2014" including the first one in the capital's Pavilion retail centre in November this year. Since the stores will be franchised to F J Benjamin which will buy Superdry stock, money has changed hands in the deal. Supergroup's chief executive, Julian Dunkerton, who co-founded the company 10 years ago, said in a statement: "We have a clear strategy to partner, outside Europe, with leading distributors in territories around the world to further internationalise and globalise the Superdry brand. This follows new partnerships with Demsa in Turkey and Reliance Brands in India. We are excited to expand further in the Southeast Asian markets with F J Benjamin, a company with an impeccable track record in building brands in Asia. Superdry was launched in 2003 by Mr Dunkerton, who had also founded Cult Clothing, and James Holder, the designer behind the Bench brand. But its results have been volatile since it listed in 2010. Two weeks ago, Mr Dunkerton declared that Supergroup was "back on form" when he unveiled a bumper set of annual results. Revnues over the year jumped 15pc and like-for-like sales rose 5.7pc. Pre-tax profits hit £51.8m, a rise of 0.87pc. Over the past 18 months, Supergroup has overhauled its corporate structure and management team to strengthen the business. Meanwhile, the company has been growing online and overseas. It already has a presence in Hong Kong plans to launch a Chinese language website shortly. In a recent interview with the Daily Telegraph, Mr Dunkerton, said: "We're still growing in the UK - but now there's a massive focus on international and the internet and the relationship between all three." He added: "We're going to be opening many more own-language sites, we've got 16 already."