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 and Dr Martens shares tank on London exits and fears for the future Retail 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.
Superdry to delist from London Stock Exchange in latest effort to stay afloat Retail Embattled fashion brand Superdry has said it will delist from the London Stock Exchange as part of a restructuring plan to keep the company 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.
Retail: Insolvencies expected to ‘uptick’ as market consolidates amid Superdry and Ted Baker trouble February 12, 2024 Less than two months into 2024 and six UK retailers have already gone bust, with a further two warning they may fall into trouble, as experts warn the market will “continue to see an uptick in insolvencies”. According to figures from Centre of Retail Research, over 400 job roles have been impacted by retailers shutting [...]
Superdry share price soars over 100 per cent as Julian Dunkerton mulls takeover February 2, 2024 Superdry shares soared over 100 per cent this morning after boss and co-founder Julian Dunkerton revealed he is in talks over a possible takeover deal to rescue the troubled fashion brand. The firm told investors this morning Dunkerton is “engaged in discussions with potential financing partners” over a possible takeover offer for the business”. “These [...]