Superdry issues warning as struggling fashion label cuts jobs after quitting London Retail Superdry has warned its sales will continue to fall significantly during its current financial year after quitting the London Stock Exchange in an attempt to stay afloat. The Cheltenham-headquartered fashion brand delisted earlier this year as part of a radical restructuring plan to keep the company trading. At the time, the company said that cutting [...]
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Superdry’s restructuring plan receives court approval as retailer tries to avoid administration Retail Troubled fashion retailer Superdry has received court approval for its restructuring strategy as it looks to avoid administration.
Superdry avoids insolvency after shareholders approve £10m lifeline June 14, 2024 Superdry has avoided insolvency after shareholders voted to approve a £10m lifeline today.
Superdry and Dr Martens shares tank on London exits and fears for the future April 16, 2024 Shares in Superdry tanked by over 33 per cent following an announcement by the company that it would bid adieu to the public market as part of a scramble to stay alive.
Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat April 15, 2024 Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores.
Shares in Superdry crash 50 per cent as Dunkerton abandons offer April 2, 2024 Shares in Superdry have sunk to an all time low after founder Julian Dunkerton said he no longer plans on making an offer for the business.
Struggling Superdry reportedly in talks to tap Hilco for £10m loan March 11, 2024 Struggling high street retailer Superdry is reportedly in talks to tap one of its existing lenders for a £10m loan.
Superdry: Shares tank as Dunkerton granted extension on takeover bid March 1, 2024 Shares in Superdry are down over nine per cent following an announcement it has extended a deadline for its founder and chief Julian Dunkerton to make a solid offer to take the company private.
Superdry founder in talks with US private equity firm for rescue bid February 19, 2024 The founder of Superdry, Julian Dunkerton, is reportedly in talks with US investor Davidson Kempner to rescue the ailing fashion retailer.