All Superdry articles – Page 2
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News
Superdry mulls restructuring as profits and sales continue to tumble
Superdry is considering a restructuring that could involve a “significant number of store closures and job cuts”, following the fashion retailer’s profit warning last week.
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News
Superdry CFO steps down as it issues profit warning
Superdry reported a fall in sales and said it expects full-year profitability to be impacted as it blamed “a challenging consumer retail market” set against ”macroeconomic uncertainty and some remarkably unseasonal weather conditions” for its weakened financial performance.
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News
Superdry appoints PwC to review finances after profit warning
Fashion retailer Superdry has appointed PwC as advisers to examine debt-raising options as pre-Christmas trading suffered.
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News
Superdry warns on profits as tough trading conditions and weather take toll
Fashion retailer Superdry was warned that profits will be lower than expected after trading ”significantly below management expectations”.
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Opinion
‘Founders rarely make effective chief executives’
Successful company founders need to know what they are good at and what should be left to more experienced managers, argues Clarity’s Fran Minogue
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News
Superdry to sell South Asian IP for £40m to ‘accelerate growth’
Fashion retailer Superdry has confirmed it has signed a joint venture agreement with Reliance Brands Holding UK Ltd for the sale of its intellectual property assets in India.
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News
Exclusive: Superdry cannot afford to get product wrong, warns CFO
Superdry chief financial officer Shaun Wills has said the retailer cannot afford to get its product wrong as it enters the autumn/winter season, after it posted an annual loss of £148.1m.
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News
Superdry shares suspended as results delayed
Shares in fashion retailer Superdry have been suspended as full-year results were delayed.
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News
Superdry secures fresh funding of up to £25m
Fashion retailer Superdry has secured funding of up to £25m in its latest bid to “help accelerate” its turnaround plan and cost-reduction programme.
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News
Superdry promotes Shaun Packe to chief operating officer
Superdry has promoted from within to replace chief operating officer Silvana Bonello, who stepped down from the role in May this year.
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News
Superdry completes £12m equity raise
Superdry has successfully completed an equity raise of £12m as the retailer pursues a turnaround programme.
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News
Superdry launches £12m fundraising to strengthen balance sheet
Fashion retailer Superdry has formally unveiled an equity raise to bolster its balance sheet as it pursues a turnaround programme.
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News
‘Speed is of the essence’ for Superdry as it mulls equity raise
City analysts have warned Superdry that “speed is of the essence” if it wants to survive after the fashion retailer issued a profit warning and announced it was exploring an equity raise of 20% earlier today.
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News
Superdry sells Asia-Pacific IP for $50m in growth push
Superdry has sold its Asia-Pacific intellectual property assets with the hopes of expanding its global reach while generating much-needed cash.
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News
Superdry hires advisers to cut costs after tough trading periods
Superdry’s founder and chief executive Julian Dunkerton has hired Interpath Advisory to help aid cost-cutting plans following a prolonged period of tough trading and profit warnings.
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Innovation of the Week
Innovation of the Week: Four-day week gains popularity among UK retailers
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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News
Superdry boss Dunkerton denies plans for a buyout
Superdry boss Julian Dunkerton has dismissed rumours he is seeking deals to take the brand private.
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News
Superdry suffers deeper losses as wholesale takes a hit
Superdry has reported a fall in first-half profits and even though Christmas performance strengthened, has cut full-year expectations to breakeven.
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News
Dunkerton: Free trade deal with EU key to breaking inflationary cycle
The boss of Superdry has said he believes that striking a free trade deal with the European Union is key to breaking the UK out of its current inflationary cycle.
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News
Superdry secures £80m lifeline before end-of-year deadline
Fashion retailer Superdry has secured a new £80m loan facility ahead of a January deadline, but warned of “extremely challenging” market conditions.