Superdry Plc (SEPGF)
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Shein defended by former B&Q boss after Superdry founder blast
A UK retail grandee has given his support to controversial Chinese fast fashion firm Shein a day after it was slated by the boss of Superdry. Ian Cheshire, previously the boss of DIY giant B&Q and a former chair of Barclays, told the BBC that Shein listing in London might help the business due to the “controls and quality requirements" needed.
Superdry boss slams Shein over tax ‘dodging'
Superdry PLC (LSE:SDRY) boss Julian Dunkerton has slated fast fashion firm Shien Group over a “loophole” allowing it to avoid taxes on parcels sent to customers from overseas. He argued the UK was “essentially” allowing Shien “to come in and be a tax avoider” in a BBC Radio 4 interview.
Superdry will be cool again, promises founder
Superdry PLC founder Julian Dunkerton has pledged to make the brand cool again after it was rescued from falling into administration. After delisting from the London Stock Exchange last week, Dunkerton, who invested £10 million of his own cash to save the fashion group, has said it will look to drop its association with being a “dad brand”.
Superdry says goodbye to London Stock Exchange after 14 years
Distressed fashion chain Superdry PLC (LSE:SDRY) will have its last day of trading on the London Stock Exchange today, bringing its listing to an end after 14 years. It follows a prolonged period of falling sales, widening losses and most recently a £10 million rescue deal from its founder.
Superdry rockets as shareholders approve rescue deal
In the world of small caps, Superdry PLC (LSE:SDRY) has soared more than 127% today after it dodged insolvency through a £10 million lifeline from its founder Julian Dunkerton. Back in April, the group warned it could go bust if it wasn't able to undergo vast restructuring including the reduction of rents with landlords.
Superdry gets shareholder nod for key equity raise
Britain's Superdry received shareholder approval for a proposed fundraising as the fashion chain braces for a restructuring plan to avoid falling into administration, it said on Friday.
Superdry mulling quick sale if founder rescue stumbles
Superdry is mulling a possible four-week fire sale if plans by founder Julian Dunkerton to inject £10 million into the troubled fashion chain stumble. According to Sky News “an accelerated M&A process” would be launched if creditors don't approve Dunkerton's plan.
Superdry mulling quick sale if founder rescue stumbles
Superdry is mulling a possible four-week fire sale if plans by founder Julian Dunkerton to inject £10 million into the troubled fashion chain stumble. According to Sky News “an accelerated M&A process” would be launched if creditors don't approve Dunkerton's plan.
Superdry to put itself up for sale if restructuring rejected - report
Superdry PLC (LSE:SDRY) is poised to launch an emergency sale process if creditors block founder Julian Dunkerton's plans to fork out up to £10 million of his own money into the embattled clothing chain. Last month, after reporting lower sales and higher losses, the Cheltenham-based company announced a restructuring plan that will see it delist from the London Stock Exchange.
Superdry to put itself up for sale if restructuring rejected - report
Superdry PLC (LSE:SDRY) is poised to launch an emergency sale process if creditors block founder Julian Dunkerton's plans to fork out up to £10 million of his own money into the embattled clothing chain. Last month, after reporting lower sales and higher losses, the Cheltenham-based company announced a restructuring plan that will see it delist from the London Stock Exchange.
