Etiket: Superdry
Superdry is negotiating additional loans worth millions
Struggling British clothing retailer Superdry Plc is seeking additional funding. On Monday, the company confirmed current media reports about negotiations with its lender Hilco. The discussions are about increasing the…
Superdry is said to be in talks with a US investor
Struggling British retailer Superdry is said to be in talks with Oak Furnitureland owner Davidson Kempner and looking at ways to privatize the company. The US investor is said to…
CEO Julian Dunkerton plans to withdraw Superdry from the stock market
Struggling British clothing retailer Superdry Plc could face delisting. On Friday, Superdry announced that co-founder and CEO Julian Dunkerton is pursuing a plan to take over the entire company together…
Superdry is considering further cost-cutting measures
Struggling British clothing retailer Superdry Plc said on Monday that it is currently working with external consultants to “assess the feasibility of further significant cost reduction options”. The company confirmed…
Cost savings at Superdry have little effect in the first half of the year, CFO leaves the company
Superdry plc has had a turbulent year. In its half-year report on Friday, the British fashion company said sales fell 23.5 percent, due to the difficult retail market, weather and…
Superdry is considering selling trademark rights in the US and the Middle East
Sports and lifestyle brand Superdry is apparently considering selling its trademark rights in the US and the Middle East to boost its liquidity. According to a report in the British…
Autumn too mild: Superdry reports disappointing sales development
The British clothing supplier Superdry Plc suffered significant losses in sales in the first half of the 2023/24 financial year. The results were “significantly below management’s expectations,” the company admitted…
Superdry sells intellectual property rights in India, Sri Lanka and Bangladesh to joint venture with Reliance
British clothing retailer Superdry Plc has further streamlined its business activities. On Wednesday, the company announced that it would bring its intellectual property rights for the Indian, Sri Lanka and…
Superdry is still in the red and is giving up wholesale in the USA
The ailing British clothing retailer Superdry Plc was able to increase its consolidated sales in the past 2022/23 financial year (as of April 29, 2023) by 2.1 percent to 622.5…
Labor rights group calls on Next and Superdry to pay amounts owed to Cambodian workers
The Labor Behind the Label (LBL) initiative is working to ensure that British fashion companies Next and Superdry pay the $500,000 they owe to Cambodian garment workers affected by the…