Superdry appoints new broker after mass exodus prompted by Dunkerton’s return April 17, 2019 Superdry has appointed Jefferies as its new corporate broker and financial advisor following a mass exodus from the firm after the retailer’s founder was reappointed to the board. Investors narrowly voted in favour of allowing Julian Dunkerton to return to the board earlier this month, prompting the resignations of former brokers UBS and Investec. Read [...]
Superdry shares dive after board exodus April 3, 2019 Superdry shares dived in morning trading as investors digested yesterday’s investor vote which saw the return of co-founder Julian Dunkerton and a dramatic board exodus. Shares in the troubled retailer fell 11 per cent to 445p this morning, adding to an eight per cent drop which the company suffered yesterday before markets closed. Read more: [...]
Superdry board in mass resignation as Dunkerton takes the reins April 2, 2019 Superdry suffered a boardroom exodus tonight after the troubled retailer’s co-founder won an audacious bid to reinstall himself onto the firm’s board. In a shock move this evening, Superdry’s entire board – including its chief executive and chairman – revealed plans to step down after Julian Dunkerton won an investor vote which will see him [...]
Julian Dunkerton wins narrow shareholder vote to return to board of Superdry April 2, 2019 Superdry’s co-founder has won an audacious bid to reinstall himself onto the troubled retailer’s board this morning, throwing the future of the group’s directors into doubt. Investors have voted by a narrow majority of 50.75 per cent to allow Julian Dunkerton to return to the company following a long and bitter public battle with the firm’s [...]
Shareholder advisory firm opposes Superdry co-founder’s bid to return to board March 19, 2019 Influential shareholder advisory firm ISS has recommended Superdry investors vote against co-founder and former chief executive Julian Dunkerton’s reinstatement to the board. ISS also urged shareholders to oppose the appointment of Dunkerton’s ally and Boohoo chairman Peter Williams to the board at a meeting on 2 April. Read more: Superdry ‘supercharged’: Founder unveils bid for [...]
Superdry founder Dunkerton calls for investor support amid plan to ‘supercharge’ firm March 14, 2019 Exiled Superdry founder Julian Dunkerton has written to shareholders urging them to vote him back onto the board as he outlined a plan to “supercharge” the company. Dunkerton, who left the firm in March last year, pledged to return the company to revenue growth, restore double-digit earnings margins and rebuild profitability within three years if he [...]
30 years since the dawn of the World Wide Web, Britain is still at the heart of tech success March 12, 2019 It has been 30 years since Sir Tim Berners-Lee sat down at his desk at Cern and changed the world with a humble sounding document called “Information Management: A Proposal”. The memo, piloting a system to allow computers to share information via an emerging technology called hypertext, did not catch many people’s eyes as it [...]
Superdry urges investors to vote against founder Julian Dunkerton’s return March 11, 2019 Superdry will hold a shareholder meeting on 2 April to vote on the reinstatement of Julian Dunkerton after months of rising tensions between the founder and the board. The fashion retailer confirmed the meeting in a circular sent to shareholders this morning, but urged them to vote against the reappointment of Dunkerton. Read more: Hundreds of [...]
Ex-Superdry boss Dunkerton calls shareholder meeting in bid to return to board March 1, 2019 A power struggle at the top of Superdry looks set to intensify as Julian Dunkerton, the founder and former chief of the troubled designer, has requisitioned a shareholder meeting in a bid to muscle back on to the firm’s board. Dunkerton, who is still an 18.4 per cent shareholder, left the business a year ago because [...]
Investing in Aim and EIS shares can add some excitement to your financial portfolio February 28, 2019 You have some cash saved in a rainy-day fund. You’ve invested sensibly in a diverse portfolio that contains a mix of low-cost trackers and well-managed investment funds. But now you want to add a bit of excitement to this financial cocktail. If this describes you, then there are a few ways to go about it, [...]